EU reporting permeates regulatory plans

摘要

Momentum is building among global regulators to follow the lead of European authorities in implementing a more onerous regime for the reporting of derivatives transaction data, a framework that market participants once decried but failed to water down in the lobbying stage. Executives at major global data repositories note that several Asian regulators have already developed frameworks that mirror dual-sided reporting requirements in Europe and some are looking to add requirements for collateral and valuations data originally pioneered in the EU. Regulators in the other Asian jurisdictions that have not finalised rules - such as South Korea, Thailand, and Malaysia - are also reportedly planning to implement dual-sided reporting.