HKMA mulls over charging for mandatory trade reporting service
The Hong Kong Monetary Authority (HKMA) is considering charging market participants a levy to use its trade reporting service once the regulator’s over-the-counter derivatives trade repository is fully operational, it has confirmed to Asia Risk.
The HKMA first raised the possibility that the service would carry a levy in mid-November during meetings with the Treasury Markets Association’s trade repository working group, although discussions are at a very early stage.
The regulatory body intends
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