FSA publishes Newsletter on Market Conduct and Transaction Reporting Issues

Financial Services Authority

The FSA has published its Newsletter on Market Conduct and Transaction Reporting Issues. The issue includes the following sections:

  • Data integrity
  • Monitoring outsourcing arrangements
  • Use of default time
  • Intention to move from FRN to BIC only for reporting firm ID
  • Interfund reporting - a change to our policy
  • Counterparty / client validation
  • Change in validating the instrument type field
  • Reporting life-cycle events on OTC derivatives
  • Pricing credit default swaps
  • Electronic STR submission

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