Christopher Bernard | Bloomberg LawReport on OTC derivatives data reporting and aggregation requirements – CPSS-IOSCO Final Report of Jan. 2012 On 17 January, a task force (Task Force) consisting of the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) published a final report (Final Report) regarding the collection, storage, and dissemination of over-the-counter (OTC) derivatives transaction data by trade repositories (TRs). The Task Force believes that the central collection of accurate and timely data by TRs would promote transparency and financial stability and help prevent market abuse. The Final Report reflects comments received on a consultative version of the report (Consultative Report) that was published in August 20111 as well as recent work on the development of a global legal entity identifier (LEI) as a tool for aggregating data.
The Final Report
Minimum Data Reporting Requirements
Access to Data
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