Reporting challenges remain as repositories move towards launch

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Trade reporting has long been recognised as a critical element of over-the-counter derivatives reform, given all forex products outside spot will be required to be reported to a trade repository. Despite considerable progress in the setting up of an FX repository, questions remain over exactly when reporting will become mandatory, as well as the operational reality of using a repository.

Exactly a year after the global FX division of the Global Financial Markets Association first unveiled its

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