Pick a lane: Anna DSB to rival CDM coded swaps reporting?

Dual machine-executable rules are set to create choice – and maybe bifurcation – for swaps reporting

Historical reasons – including literal sabre-rattling – are behind the laws for driving on the left or right in certain countries. And while these rules function within borders, the optimal approach would be a universal one.

But a dual approach could now develop on the road to machine-executable standards for swaps – where banks and regulators alike are exploring the development of freely available code to ensure compliance with rules governing derivatives.

The first of these electronic