Harsh words but miniscule fine for DTCC
The European Securities and Markets Authority (ESMA) has slammed the Depository Clearing Corporation’s Derivatives Repository on several counts for delays over data access, but served up a €64,000 fine for the breaches — a figure that amounts barely to an office whipround.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts