Global Trade Reporting and Data Harmonization

SIFMA and the Asset Management Group of SIFMA (SIFMA AMG), The Australian Financial Market Association (AFMA), the Alternative Investment Management Association (AIMA), the British Bankers Association (BBA), the German Investment Funds Association (BVI), the European Fund and Asset Management Association (EFAMA), the Futures Industry Association (FIA Global), the Global Foreign Exchange Division (GFXD) of the Global Financial Markets Association (GFMA), the International Swaps and Derivatives Association (ISDA), the Managed Funds Association (MFA) and The Investment Association are in full support of the G20 requirements to report derivatives trade data to Trade Repositories in order to improve regulatory transparency and reduce systemic risk.

This letter was sent to:

ASIC

BIS

Canadian Securities Administrators

CFTC

CPMI

EBA

ECB

EC

ESMA

FSB

FINMA

HKMA

IOSCO

JFSA

MAS

OFR

Reserve Bank of Australia

SEC