Lack of Esma clarity delays progress on FX trade reporting


A lack of clarity from the European Securities and Markets Authority (Esma) on trade reporting requirements in Europe is making it difficult to find a workable mechanism to report foreign exchange trades after Esma's recent rejection of a proposal put forward by the industry, according to banks and industry associations.

At the heart of the problem is the need for trades to be reported by both counterparties to a trade, as required from early next year under the European Market Infrastructure

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: