Esma fines Europe's second biggest trade repository for data failings

Jonathan Boyd
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Esma fines Europe's second biggest trade repository for data failings

The European Securities and Markets Authority has fined Regis-TR €56,000 and issued a public notice, for failing to provide regulators with sufficient direct and immediate access to details of derivatives contracts. The European Markets and Infrastructure Regulation (Emir) requires trade repositories (TRs) to provide such data to regulators, Esma noted. "This is a key requirement to improve transparency and facilitate the monitoring of systemic risks in the derivatives markets," it said...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.