The Committee on Payment and Settlement Systems (CPSS) of the Bank for International Settlements and the International Organization of Securities Commissions (IOSCO) have published on 11th April 2013 for public comment a consultative report entitled Authorities’ access to trade repository data. Authorities are defined for the need of this report as e.g. market regulators, central banks, prudential supervisors and resolutions authorities, as well as official international financial institutions.
Trade repositories (TRs), as provided by the European regulation on OTC derivatives, are entities that maintain a centralised electronic record of over-the-counter (OTC) derivatives transaction data. TRs will play a key role in increasing transparency in the OTC derivatives markets by improving the availability of data to authorities and the public.
The Banque de France and the Autorité des marches financiers invite all interested parties to send their comments to CPSS and IOSCO by Friday 10 May 2013, 18:00 CEST. Comments should be sent to both the CPSS secretariat (cpss@bis.org) and the IOSCO secretariat (accessdata@iosco.org).