Have a read of Kerril Burke’s piece in the Tabb Forum’s article ‘CSDR: How Penalties and Mandatory Buy-Ins Will Hit Banks‘, 7 August 2018
“What trades will we have to pay penalties on and how much will we need to pay? Which ones are we at risk of being bought in? Which ones will we have to buy-in our best customers on? A roll of the eyes followed by an inevitable sigh and a bloated puff of the cheeks may be the least of the reactions.”
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