Trade Reporting Regimes

Global Trade ReportingTRAction Fintech is able to assist you with reporting requirements for the countries around the world where the financial services licensing regime requires Over-The-Counter (OTC) derivatives trades to be reported.

Trade Reporting Legislation

Global commitment to OTC derivatives reform arose out of the global financial crisis (GFC) in 2008. The GFC highlighted structural deficiencies in the global OTC derivatives markets and the systemic risk that those deficiencies posed to wider financial markets and the real economy.

In the lead-up to the GFC, those structural deficiencies contributed to the build-up of large counterparty exposures for which the risks were not appropriately managed. With details of OTC derivative transactions generally held only between the counterparties, in many cases those exposures were not transparent to other market participants and regulators.

OTC legislation

The overarching objectives of the OTC derivatives reforms are:

  • to enhance the transparency of transaction information available to relevant authorities and the public;
  • to promote financial stability; and
  • to support the detection and prevention of market abuse.

Australia Trade Reporting - ASIC

Find out more about the requirements for Australian OTC derivatives reporting under the ASIC regime. Read More

Singapore Trade Reporting - MAS

Find out more about the requirements for Singaporean OTC derivatives reporting under the MAS regime. Read More

European Trade Reporting - EMIR

Find out more about the requirements for Europe and the UK's OTC derivatives reporting. Read More