"What a mess": market reflects on start of Emir reporting

Robert Pickel

Anyone looking for a short, punchy verdict on the arrival of Europe’s new derivatives reporting regime could do worse than the three words uttered by a senior finance executive at one German corporate, two days after it came into force: “What a mess.”

And he was one of the lucky ones. For days after the February 12 deadline arrived, some users of the repository run by the Depository Trust & Clearing Corporation were unable to report – victims of a backlog – while the data submitted by those that

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: