Initially thought of sharing my review on the Wolf of Wall Street today, but I do not wanted to break the series of the EMIR blogregulations that we ended up yesterday choosing the Trade repositories (TR). Now we stand at the point from the Question no.4 of yesterday’s post.

a) Choose a 3rd Party Provider, following your decision to delegate

b) Decide which TR you will connect to, if you will self-report

c) Liaise with your counterparties to find out their requirements, if you will delegate reporting to them.

Question 4: What are the criteria to be taken into account before choosing my 3rd Party Providers?

The 3rd Party Provider should help you adapt to the new workflow for Trade Reporting as it will serve as the go-between with TRs.  Continue reading

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