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OTC reporting rules need more clarity: DTCC

Fund firms would be better able to comply with rules on the reporting of OTC derivatives trades in Singapore if ambiguities were cleared up, argues a senior executive at the trade depository.
OTC reporting rules need more clarity: DTCC
Clearer guidance on upcoming over-the-counter reporting requirements would help asset managers better prepare for the changes, said a senior executive at Singapore’s only licensed trade depository. “There is a bit of ambiguity in the current rules, as there are for other similar regulations around the world. By bringing more clarity to this area as the regulation continues to evolve, firms can better assess upcoming deadlines and ensure they are prepared,” said Peter Tierney, Asia…
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