Sophie Gerber | TRAction

How Does The End of Daylight Saving Affect Your ASIC Reporting?

Daylight saving time has ended in Australia. Here are our tips on how to ensure the time settings in your trade/transaction reporting are correct.

Reminder: Daylight Saving Time for New York Starts This Weekend

Are you reporting trades by New York (NY) time or following NY close of business? If so, it is important to check your trades/transactions are still reported at the correct time now that daylight saving time (DST) has started in the US (13 March 2022).

Spread notation of leg 1 (where applicable) – MAS Rewrite

Spread of leg 1 (where applicable) – MAS Rewrite

ASIC’s updated Schedule 1 Technical Guidance – Point to note

ASIC has published an update (version 1.1) to its Schedule 1 Technical Guidance (Technical Guidance). The Technical Guidance is complementary to the updated ASIC RG 251 (Derivative Transaction Reporting) and reporting entities should use both resources to assist in understanding the reporting requirements given the changes made to the ASIC Derivative Transaction Rules (Reporting) 2024 […]

Carbon Credit Trading and ACCUs in Australia

Australian Carbon Credit Units (ACCUs) and certain other emissions units are considered ‘financial products’ in Australia. However, they are not reportable under the ASIC Derivative Transaction Rules (Reporting) 2024 (ASIC Rules) since in their direct form, they are not an ‘over-the-counter (OTC) derivative’. Where an ACCU is the underlier of an OTC derivative however, i.e. […]

Need to update your Pre-MAS Rewrite Trades?

Time is running out for MAS regulated firms Under the new MAS Rules for trade reporting, which began on 21 October 2024, there is a 6 month transition period provided to reporting entities. Outstanding contracts that were previously reported before 21 October 2024 and maturing on or after 21 April 2025, need to be re-reported […]

Need to update your Pre-ASIC Rewrite Trades?

Time is running out for ASIC regulated firms Under the new ASIC Rules on trade reporting, which began on 21 October 2024, there is a 6 month transition period provided to reporting entities. Reportable trades that were entered into on or before 20 October 2024 with an expiry beyond 20 October 2025 (but have not […]