September 27, 2013
Futures reporting delay “will not take place” says EC’s Pearson – Risk.net
As hinted at yesterday, it appears that the only option available to delay ETD reporting is for ESMA not to approve any TR until the many data format and structural issues are resolved.
"The decision has been taken that the deferral Esma suggested will not take place. ESMA is now engaged – and, I think, working – on a set of clarifications for the industry, through FAQs, to ensure the guidelines and guidance is out there as soon as possible for industry to start working on its systems," said Patrick Pearson
Full story over at Risk: Futures reporting delay "will not take place" says EC's Pearson – Risk.net. (subs required)
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