<p><span>On March 23, 2022, ISDA provided comments to European member states and members of the European parliament on two key issues related to the proposed revised Markets in Financial Instruments Regulation. The comments concern the consolidated tape for derivatives and the deletion of the size-specific-to-the-instrument threshold.</span></p>
As data quality issues are a main impediment to a viable consolidated tape in Europe, Dutch regulator AFM has helped develop pilots in its Innovation Hub
<p><span>TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, today announced a new initiative to develop a Consolidated Tape (CT) for Fixed Income. As part of this initiative, TransFICC has developed a production ready pilot, for Banks, Asset Managers and Regulators to test.</span></p>