Reporting of derivatives transactions under EMIR has proved problematic for firms and regulators, as trade groups call for a standardised approach.
Tony Freeman has overseen the regulatory agenda for DTCC and its Omgeo subsidiary for more than 15 years.
Market infrastructure continues to embrace innovation, this time opening its API offerings to the industry through an app store.
Former commissioner at the US regulator, and DTCC's head of global public policy, leaves to join US options exchange group.
Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.
Daily penalties mean the upcoming Settlement Discipline Regime (SDR) is an issue for the front-office as well as the back, according to the DTCC.
Recent rule changes in the US during the past two years have to a major rise in aggregate cleared repo and reverse repo volumes.
DTCC is undergoing a strategic re-platforming of its IT infrastructure and technology that supports clearing and settlement.
DTCC recently broadened the category of market participants accessing the Fixed Income Clearing Corporation’s cleared repo service.
Funds have raised concerns that SFTR requirements on collateral re-use will provide full view of trading book.