Remember me

Register  |   Lost password?

The Trading Mesh

May 2013

Less Than a Third of Asset Managers are Prepared for EMIR

May 7, 2013 Comments (0)           

With regulatory pressure on the increase, the entire financial industry is seemingly on tenterhooks to see just how these new directives from EMIR to MiFID II, Basel III to Dodd Frank, will pan out. The result of this uncertainty? Lack of preparation. According to a report from consultancy Celent titled ‘Impacts of EMIR for the Buy-Side: The Greater Good, But a Greater Cost’, less than one third of Asset Managers are prepared at the operational level for the changes in post-trade...