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Banks must put ID tags on repos in bill confirmed by EU ambassadors

By John Rega ( June 30, 2015, 14:18 GMT | Insight) -- Banks will have to tag their repurchase agreements and other securities-financing transactions with unique identification numbers to help regulators monitor “shadow banking,” in a bill endorsed by EU ambassadors.Banks will have to tag their repurchase agreements and other securities-financing transactions with unique identification numbers to help regulators monitor “shadow banking,” in a bill endorsed by EU ambassadors....

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