FX Focus - Editor's Letter

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Trade reporting is a key part of the post-crisis regulatory architecture, and though it has already began in relatively good order in the US, its implementation in the European Union (EU) through the European Market Infrastructure Regulation (Emir) looks far less simple.

Just a few weeks out from Emir's February 12 reporting deadline, few in the industry believe trade reporting will begin successfully. Some set the chances of all participants being ready at ‘absolutely nil'. In Failure warning

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