Why UPIs could spell goodbye for OTC-Isins
Critics warn UK will miss opportunity to simplify transaction reporting if it spurns UPI
After the country’s departure from the European Union, UK regulators promised they would be free to review the existing ruleset and make improvements. Now, a change long sought by the industry may be on the horizon, as an opportunity emerges to tackle a contentious identifier code used for reporting over-the-counter derivatives trades. But UK regulators appear to be hesitating.
In November, the
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