EU watchdog to rule on data exchange among market regulators

From: Reuters

Huw Jones, Michelle Price

LONDON/WASHINGTON (Reuters) – The European Union’s data watchdog will decide in coming weeks if financial regulators around the world can routinely swap information to keep markets clean without getting tangled up in the EU’s new data protection regime.


But U.S. finance regulators have warned that the EU’s data rules have started to adversely affect the exchange of cross-border information.

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