Coded swaps reporting plan delights some, but not all

Cost-busting code for swaps reporting could be tricky if banks lack internal standardisation

Like a frustrated artist seeking perfection and never content, regulators keep redesigning their derivatives reporting rules. One day, they may create the masterpiece they desire, but so far their pursuit has placed a billion dollar drag on their apprentices trying to keep up.

The apprentices – mostly derivatives dealers – now believe there is a future where they can effortlessly keep pace with their masters’ ever-changing vision. That future relies on an open-source and machine-executable code

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here: