Emir reporting questions pile up for corporates

Happy to report?

Questions

Banks spend a lot of time complaining about the cost of regulation, so when a new regime gives them a chance to make some money, you would expect them to grab it with both hands. In the case of delegated reporting – a service in which dealers would pass trade data to repositories on behalf of their clients – some are grabbing, some are gabbing and others are completely silent.

Only five of 15 banks contacted by Risk said they would definitely offer the new service, while three said they were

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