REGIS-TR is on the road to ESMA acceptance
11 April 2013 Luxembourg
Image: Shutterstock
REGIS-TR, the European Trade Repository owned by Clearstream and Iberclear, is confident that its application to act as a trade repository across all asset classes will be accepted by ESMA.
鈥淥btaining the trade repository license for all asset classes in Europe promptly is just one of the key elements REGIS-TR is committed to delivering as part of its business proposition,鈥 said a statement from the company.
鈥淩EGIS-TR has supported the industry from the inception of the new reporting obligation derived from EMIR and is prepared to be able to cover the market鈥檚 needs during the upcoming and crucial onboarding process. REGIS-TR is in permanent contact with ESMA and performs an active educational role via its close proximity to the derivatives market's participants.鈥
REGIS-TR is a central trade repository for derivatives transactions across multiple product classes and jurisdictions. The trade repository is open to financial and non-financial institutions, primarily in Europe, and will service all types of derivative contracts.
In addition to its core services, the firm plans to introduce centralised collateral management and third-party exposure valuation services.
鈥淥btaining the trade repository license for all asset classes in Europe promptly is just one of the key elements REGIS-TR is committed to delivering as part of its business proposition,鈥 said a statement from the company.
鈥淩EGIS-TR has supported the industry from the inception of the new reporting obligation derived from EMIR and is prepared to be able to cover the market鈥檚 needs during the upcoming and crucial onboarding process. REGIS-TR is in permanent contact with ESMA and performs an active educational role via its close proximity to the derivatives market's participants.鈥
REGIS-TR is a central trade repository for derivatives transactions across multiple product classes and jurisdictions. The trade repository is open to financial and non-financial institutions, primarily in Europe, and will service all types of derivative contracts.
In addition to its core services, the firm plans to introduce centralised collateral management and third-party exposure valuation services.
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