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HKMA discusses possible charge for trade reporting
Participants in the over-the-counter derivatives market might face a charge to use the Hong Kong Monetary Authority's trade-reporting service once it's operational. Discussions with market players are under way and are expected to continue for several months. However, Esmond Lee, executive director for financial infrastructure, says "the HKMA has not yet decided whether to charge and, if so, the level of charges".
Risk (subscription required) (04 Dec.)
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