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The DTCC’s Larry Thompson recently told Congress that regulators and lawmakers need to do more to knock down the barriers to greater global data transparency in securities operations.
Increasing the transparency of the global financial system was one of the major goals of the G20 framework that followed the Great Recession and led to major financial services reform legislation like the U.S’s Dodd-Frank Wall Street and Reform Act. Even though there are many bright spots in this area — some industry observers see...
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