/ Summary
We unpack ESMA's three error categories, explain the new 'significant threshold' mechanics for triggering an errors and omissions notification, and walk through ESMA and FCA notification templates with the level of detail required on root cause, sample UTIs and back reporting timelines. Drawing on precedents like the £34.5m MLI fine, we show how a trade repository sees data quality and demonstrate live how 100,000 records can be assured in under two minutes. Essential viewing for compliance, operations and audit leaders briefing their boards on why accuracy, not acceptance, is the new bar.
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