![]() ![]() The CDR will be the irrefutable source of information that drives digital processing. ![]() What do market firms need to do with the updated CDR? We will make it crystal clear on where each data element is being utilised. This is to provide the utmost transparency on how all data will be used. The CDR lays out how each data item will be used and which processes, validations, and checks each item will power. Lloyd’s will receive only required regulatory and supervisory information in line with data currently sent from the Bureau today. Where they are participants, brokers and (re)insurers will have access to the CDR information for their risks and sections. All data will be processed and stored within the joint venture infrastructure, with the joint venture acting as the legal entity accountable as the data processor.
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