Industry Bodies Press CESR for MiFID Reference Data Standards

BRUSSELS-European industry bodies and user firms have expressed concerns over the lack of common reference data standards that would need to be implemented to ensure effectiveness of pan-European trade reporting requirements that are part of the European Union's upcoming Markets in Financial Instruments Directive (MiFID). The organisations made their fears known in responses to a consultation issued by the the Committee of European Securities Regulators (CESR).

Under MiFID regulations, slated to

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