Committee News & Blog Posts

AMSTERDAM, NETHERLANDS — fairCT B.V., the corporate vehicle establishing the post-trade Consolidated Tape Provider (CTP) for bonds within the European Union, today announced the formal establishment and final member composition of its new Consultative Committee.

The launch of the Consultative Committee marks a core milestone in fairCT’s regulatory and corporate governance structure. Operating as an independent, expert advisory body, the Committee will provide structured technical, operational, and commercial insights directly to the fairCT Management Board. This collaborative framework ensures the upcoming bond tape operates as a high-utility, resilient, and cost-effective resource aligned with the transparency goals of the EU's Savings and Investment Union.

To anchor development around real-world market utility and maintain a highly focused group, fairCT capped the primary voting body at 21 seats, concentrating priority on core "Data Users" (asset managers, banks, distributors, and academic expertise) sitting directly alongside major data contributors (trading venues and APAs). To preserve broad-market alignment while keeping technical working groups streamlined, relevant trade associations have been integrated via 7 dedicated non-voting Observer seats. Furthermore, fairCT has proactively reserved permanent non-voting seats for regulatory authorities, including the European Securities and Markets Authority (ESMA), the European Commission (EC), and National Competent Authorities (NCAs).