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DTCC Repository Fined for Alleged Data Breaches

July 15, 2021 by Eugene Grygo

DTCC Repository Fined for Alleged Data Breaches

The London-based DTCC Derivatives Repository Plc (DDRL), a suite of post-trade, record-keeping, and reporting services, has been fined by E.U. regulator European Securities and Markets Authority for seven alleged infringements of the European Market Infrastructure Regulation legislation governing data confidentiality, data integrity, and direct and immediate data access. The total fine is €408,000, or approximately… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Risk Management, Governance, Digital Transformation, FinTech Trends, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Derivatives, Regulatory Compliance, Regulatory Reporting, Economic Sanctions Tagged With: automation, back office, compliance, data confidentiality, data management, derivatives, DTCC, DTCC’s Global Trade Repository (GTR), European Market Infrastructure Regulation (EMIR), European Securities and Markets Authority (ESMA), OTC derivatives, Post-Trade Processing Solution, post-trade services, regulatory reporting

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