Financial InterGroup Advisors Calls for Establishment of Central Counterparty for Data Management

12 Feb 2009 Full content is free with registration

The lack of a standardised source for reference data is at the heart of the problems surrounding European clearing and settlement, according to strategic advisory firm Financial InterGroup. The comments come in response to the request by the Committee of European Securities Regulators (CESR) to provide feedback on its consultation paper on recommendations for securities settlement systems and central counterparties.

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