Kaizen’s Alan McIntyre and Tim Hartley spoke to DerivSource on the challenges firms face in complying with the upcoming APAC rewrites of the OTC derivatives reporting rules, scheduled to go live in 2024.
“The different regulators will have different interpretations that firms will have to be aware of.” – Alan McIntyre
“In many ways it is a good excuse to re-evaluate what they have. There will be more than one way to do it but the real challenge with overlapping regulations is to ensure that best practice is being applied across the regions.” – Tim Hartley
For help preparing for the upcoming APAC rewrites, please contact us.