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
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