Tim Hartley speaks to FOW on EU EMIR Refit go-live

Kaizen’s EMIR Reporting Director Tim Hartley spoke to Luke Jeffs at FOW about EMIR Refit go-live, what firms have been doing to get over the line and what’s next.

Tim told Luke that regulators’ tolerance for inaccurate reporting would be low because of the significant length of time firms have had to prepare. 

“Because the implementation period has been 18 months rather than the usual 12 and we’ve seen guidance documents from the regulators, the grace period for implementing the changes correctly will be very small so firms should not expect a grace period around getting the data right,” said Tim. 

Read the article on FOW’s website

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