JWG summarized regulatory 2021 reporting efforts and explained how there are both prudential/statistical ‘top down’ or more aggregated reporting (e.g., Risk, ESG) with the ‘bottom up’ more transactional data collection (e.g., EMIR, MiFID, CSDR). The RRDS agenda will seek to share lessons learnt across both types of regulatory reporting innovations this year. Though concepts have been proven and studies generally align, without a more concrete description of the future risk information system which extends today’s notion of ‘data’ to include ‘language’ regulatory data efforts will continue to cost tens of billions while failing to achieve their policy objectives.


JWG summarized regulatory 2021 reporting efforts and explained how there are both prudential/statistical ‘top down’ or more aggregated reporting (e.g., Risk, ESG) with the ‘bottom up’ more transactional data collection (e.g., EMIR, MiFID, CSDR). The RRDS agenda will seek to share lessons learnt across both types of regulatory reporting innovations this year


The group discussed recent papers from the Bank of England, BIS and JWG’s Global Derivatives Digital Regulatory Reporting (DRR) programme and the business case for getting involved in these efforts. The group also reviewed  JWG’s proposed Regulatory Reporting & Data SIG (RRDS) 2021 plans to explore the feasibility of ‘top down’ aggregated reporting (e.g., Risk,


16 March 2021 TSS 23: GameStop, Conduct Risk, Culture and KPIs Meeting objectives The group met to discuss the impact beyond the broadsheet news of GameStop hearings on wholesale and retail surveillance agendas and the impact on how firms manage conduct and culture risk? TSS Members can access to the 21-page presentation in the members’


Minutes from the Global Derivatives DRR Design Oversight Committee 9 March to review progress from digitization and architecture working groups and agree next steps.