Wrongly ‘labelled’ products and the wrong information in the wrong reporting fields will cause EMIR Refit reporting failures, with associated tedious and costly remediation and re-reporting and potential for regulatory penalties and sanctions.
ET has seen a document dated February 13 that showed the General Secretariat of the Council of the European Union has sent two proposals to the Permanent Representatives Committee of the council concerning treatment of central counterparties. This has been a bone of contention between the RBI and the EU authorities since October 2022.
Central Bank imposes its first fine on investment fund rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.