MAS Rewrite is already behind us. Let’s recognize DTCC had a much smoother start compared to EMIR REFIT, with a particularly well-managed stock migration, a key point we already mentioned in a previous post.

2024 was a very busy year with several REFIT (REgulatory FITness and Performance Program) concerning EMIR, EMIR UK and MAS.

Let’s focus now on 2025 which just looks as intense as this year!
Several regulatory reporting changes are already planned. Some for which we already know the target date, like HKTR at the end of September or CFTC. And others which are still in the consultation phase such as FinfraG or MiFIR but for which we already anticipate major changes.