Against a backdrop of upcoming regulatory deadlines, what strategies can financial organisations implement to ensure that they remain compliant? REGnosys CEO, Leo Labeis, explains how Digital Regulatory Reporting (DRR) can help firms streamline their post-trade operations in Information Age:
“The new CFTC Rewrite deadline allows time for financial institutions to review their regulatory reporting practices and adopt more efficient processes to data management. Technology-driven initiatives, such as DRR, will play a central role in this transition, offering firms the chance to build an open source, standardised and machine-executable interpretation of the rules.”
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30 September 2023
CFTC orders three major US banks to pay over $50 million for swap-reporting failures