For example, more than three years since the start of EMIR data reporting, users and producers continue to face challenges.4 These challenges include data quality aspects such as missing or misreported values, the double-reporting regime and the multiplicity of TRs as well as the lack of standardisation and harmonisation across trade repositories and counterparties.5 Other issues relate to the reporting framework.
Professor Rogoff has published extensively on policy issues in international finance, including both exchange rates and international monetary policy. Let me also welcome Lucas Papademos, the Vice-President of the ECB since 2002. Previously, he was Governor of the Bank of Greece from 1994 to 2002 and he served as a Senior Economist at the Federal Reserve Bank of Boston in 1980.