Kaizen’s Tim Hartley speaks to Risk on the deadline to backload EMIR derivatives reporting

Kaizen’s EMIR Reporting Director, Tim Hartley spoke to Sam Wilkes at Risk about how firms are dealing with backloading their EU EMIR Refit derivatives reporting following the go-live on 29 April.

“What we’ve seen from speaking to trade repositories and looking at our own data is that roughly 75-80% of derivatives that were open before Refit went live have been updated, which sounds positive, but to get the other 20% updated. That’s cutting it very fine to get those trades updated.”

Read the full article at risk.net (subscription needed)