The CFTC Rewrite go-live is less than three months away. Our CEO, Leo Labeis, traces its origin and explains how firms can implement Digital Regulatory Reporting (DRR) to facilitate the compliance process in Global Risk Regulator:
“Firms can leverage DRR by either building their own system on it or deploying a third-party platform that does. Whichever path firms choose to go down, they should ensure that rigorous user acceptance testing is completed ahead of the December deadline.”
Read Leo's full article here.
30 September 2023
CFTC orders three major US banks to pay over $50 million for swap-reporting failures