Issuers will have to inform the Reserve Bank of where their data are being stored and being made available to the public. It will also be a requirement that issuers ensure that these data are accurate. The proposed reporting templates we’ve put out today are open for comment until end-December.
Given that most of these processes can only start formally once the SSM Regulation enters into force, a delay of its adoption would constitute a risk to the timely start of the SSM’s operations in mid-2014. Conclusion  Let me conclude. The establishment of the SSM must be seen in a broader perspective.