|
The European Fund and Asset Management Association (EFAMA) in conjunction with leading investment fund and information user associations have called upon the EU Antitrust Commission to step up its protection of European ISIN data users believing Standard and Poors (SP) to have fallen short of meeting EU obligations around International Securities Identification Numbers (ISINs).
While EFAMA, AFG, BVI, COSSIOM, IPUG, and SIPUG have all welcomed Standard Poor’s CUSIP Global Service announcement to waive the 15.000 USD annual ISP fee on its US ISIN Basic Service, they believe Standard Poor's offer - based on a royalty deal with the American Bankers Association - falls short of settling the case. The associations now call on all ISPs to swiftly implement...
|