EMIR, ASIC and MAS Reporting Health Check
We were engaged by a UK Asset Manager to perform a reporting health check to assess the quality of the manager’s EMIR, ASIC and MAS transaction reporting solution.
How we helped our client
- Confirmed EMIR, ASIC and MAS transaction reporting obligations and presented a detailed assessment of the client’s current reports
- Performed a detailed review of the client’s regulatory transaction reporting model
- Provided a clear and detailed remediation plan to address technical gaps in the client’s transaction reporting solution
How the client benefited
- Determined that the client’s current transaction reporting solution was not completely compliant for EMIR, ASIC or MAS, and did not provide robust processes and controls
- Provided a roadmap of actions to help the client build a compliant solution that fulfilled their reporting obligations
- Identified and agreed a series of improvements that would significantly enhance the client’s reporting processes and controls and mitigate regulatory risk
