ASIC has confirmed its position on trade reporting in its latest release about the Over The Counter (OTC) Derivatives market in the detailed report on the industry released in June 2016 titled Compliance Review of the Retail Continue reading →
In case you missed it, the British population decided it would leave the European Union (EU), sending the finance industry into turmoil. Not only did the decision for Brexit have immediate effects on the finance industry but the impacts on Continue reading →
The Monetary Authority of Singapore (MAS) published proposed updates to the Securities & Futures (Reporting of Derivatives Contracts) Regulations in January 2016. MAS is now looking to implement the required reporting of commodity and equity derivatives contracts to Continue reading →
TRAction, the Australian fintech startup, has introduced a trade reporting and monitoring suite of services for foreign exchange and contracts for difference (CFD) brokers in the country, in accordance with the latest over-the-counter trade reporting legislation in the industry.
Over the past few months, brokerages in Australia have been preparing themselves for the introduction of the reporting requirements imposed by ASIC. Most Australian margin FX, CFD and binary options brokers are Reporting Entities in what is known as ‘Phase Continue reading →
The Australian Securities and Investments Commission (ASIC) announced that it has taken an in principle decision to extend the commencement date for reporting of reportable transactions by Phase 3B reporting entities to 4 December 2015 (from 12 October 2015).Continue reading →
ASIC have just released the following text to the industry regarding the OTC Derivative trade reporting obligations. We will be reviewing this information throughout the course of the day and providing further updates. Feel free to contact us Continue reading →