The temporary period allowing for a smooth introduction of the use of legal entity identifiers, will not be further extended and cease in July 2018, according to ESMA
Although significant progress has been made during the last eight years towards establishing a global reporting framework for OTC derivatives transactions, work still needs to be done around data consistency, aggregation and access
DTCC-Euroclear Global Collateral (GlobalCollateral) and NEX have partnered in an effort to streamline and improve over-the-counter (OTC) derivatives margin call processes
More than 80 percent of participants at a recent DTCC Financial Technology Symposium thought innovation and fintech have made cyber defence and cyber resilience more difficult
DTCC, which released the paper on 20 March, said there “is a need for additional efforts around specific cyber-scenarios and limited industry-wide testing”