South African official warns about fragmentation of OTC data

03/14/2013 | (subscription required)

Roy Havemann of the South African National Treasury is voicing concern about how regulators will handle derivatives data if they are reported to multiple trade repositories. "We are heading towards a world where there will be multiple trade repositories," Havemann said. "That does place a large burden on the regulators, because what they will have to do is have a system in place to aggregate all the information from the different repositories that the banks in their jurisdiction are reporting to."

View Full Article in: (subscription required)

Published in Brief: