FinfraG / No reporting of trades between NFC-s

Game, set and match: Swiss National Council.

After intensive discussions during the past few days it had been finally decided that trades between NFC-s will not fall under the reporting obligation.

The only residual reporting obligation for Swiss corporates will concern trades concluded with Non-Swiss banks that will very likely not report under FinfraG.

EMIRate clients can be sure that we will offer a possibility to report the a.m. trades to a trade repository.

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