Tim Hartley speaks to FOW a week after the UK EMIR Refit implementation
How did the first week of UK EMIR Refit go? How did it compare to the EU go live in April?
Kaizen’s EMIR Reporting Director, Tim Hartley spoke to Luke Jeffs at FOW about how the go live is going and the challenges that firms now face with both sets of reporting rules.
“The challenge is finding the things that are wrong. When a trade gets submitted, you’ve met the validation rules, which is great, so you’ve formatted in the right way but is the data right? Does it reflect your firm and your derivatives in the right way? That is a much harder question.”
Read the article on FOW’s website.
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