Isda AGM: Dealers fear US-EU reporting clash

clash

The existence of two sets of rules for transmitting data from trade repositories in Europe and the US will be an operational headache for market participants, according to Oliver Stuart, global head of derivative operations for the institutional securities group at Morgan Stanley.

The US Commodity Futures Trading Commission (CFTC) has already implemented a reporting structure as part of the Dodd-Frank Act, and Stuart argued during a panel session at the annual meeting of the International Swaps

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