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On August 21, 2014, the Financial Conduct Authority
("FCA") published the outcome of its second review into
how the industry has dealt with the derivatives reporting
obligation under the European Market Infrastructure Regulation. The
FCA found that most firms had begun reporting on February 12, 2014
but that there were still some issues with the quality of reports
as well as a degree of uncertainty about reporting.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.