Cappitech says it has extended the regulatory regimes it supports to include the Monetary Authority of Singapore (MAS) OTC derivatives transaction reporting through The Depository Trust & Clearing Corporation (DTCC). Investment firms and Significant Derivative Holders falling under scope of the MAS’ regulation can leverage Cappitech’s transaction reporting technology to automatically transform their data and […]
Tag: trade reporting
I have been away in the wilds of Australia for a week so a little rusty on what’s hot, but something did catch my eye as I was waiting for my flight home yesterday – yet another realisation by US authorities that they may have got something wrong in their post-GFC rush to regulate everything […]
The Financial Stability Board (FSB) has published its annual progress report on the implementation of the agreed G20 reforms to over-the-counter (OTC) derivatives markets. Overall it notes there has been “limited additional implementation of the reforms” since its last report this time last year but does note that 23 out of 24 member jurisdictions have comprehensive […]
The Financial Stability Board (FSB) has issued two reports studying the implementation of its reform programme for OTC derivatives markets and says that “good progress” continues to be made across its agenda.
Studying the period from end-June 2017, the report concludes that 21 out of 24 FSB member jurisdictions have comprehensive trade reporting requirements in force, up by two since end-June 2017. The three to yet put the reporting frameworks in place are Argentina, South Africa and Turkey, however the FSB says the three have made “some progress” in that period, particularly Turkey.
NEX Regulatory Reporting has launched a new solution for derivatives transaction and position reporting under the Australian Securities and Investments Commission’s (ASIC) OTC derivatives trade reporting requirements.The ASIC solution expands the firm’s global reporting coverage and provides Australian firms and international companies trading in Australia, with a full end-to-end transaction reporting solution to both licensed trade repositories.
ASIC introduced OTC derivatives trade reporting in 2013 to improve risk management and enhance transparency in the OTC derivatives market – it was phased-in between 2013-2015.
Regulatory reporting technology provider Cappitech says it has expanded its integrated reporting solution to CME Group’s Australian Trade Repository (ATR). The firm says the move provides investment firms with automation technology to comply with the Australian Securities and Investment Commission’s (ASIC) Derivative Reporting requirements.
Cappitech’s currently cooperates with CME Group on the latter’s European Trade Repository (ETR) that supports EMIR reporting. The firm says that since 2016, over 500 million trades have been submitted to the ETR through its reporting platform.
The Depository Trust & Clearing Corporation (DTCC) says that its Global Trade Repository (GTR) has added trade repository services for Newfoundland and Labrador.
With this addition, DTCC says GTR now supports all Canadian provinces and territories.
In an effort to achieve improved risk analysis, all Canadian provinces and territories have adopted harmonised derivatives reporting regulations. These rules require reporting for OTC derivatives transactions, including rate, credit, equity, FX and commodity derivatives.
GTR is anticipated to begin support for public price dissemination in January 2017, across all Canadian provinces and territories, DTCC says.
Some Financial Stability Board members are concerned about their ability to implement trade reporting frameworks in time