ISDA (the International Swaps and Derivatives Association), AFME (the Association for Financial Markets in Europe) , the NSA (Nordic Securities Association) and ASSOSIM (the Italian Association of Financial Intermediaries) support the EC proposal. In particular, the three associations welcome the recognition
that central counterparties should be used where they reduce risk in the financial [...]
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Posted on August 22nd, 2010
The Association for Financial Markets in Europe (AFME), the International Swaps and Derivatives Association (ISDA), and the Associazione Italiana Intermediari Mobiliari (ASSOSIM) responded to the CESR consultation on Transaction Reporting on OTC Derivatives and Extension of the Scope of Transaction Reporting Obligations. The response supports the streamlining of reporting mechanisms but states a [...]
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