Avoiding Trade Reporting Penalties
https://www.youtube.com/watch?v=pQ_6y5TM_0s Regulators require complete, accurate and timely transaction reports in order for them to be able to monitor, detect and disrupt any potential market abuse or mitigate issues that could have a significant impact on markets. Global trade reporting regulations have aligned in putting the onus on reporting entities to notify their regulator of incidents […]
Meet the team: Finlay Walsh
How did Finlay find himself at TRAction? “Prior to TRAction, I worked at an accounting firm as part of the concierge team. In 2023, I graduated university in the UK, with a degree in Marketing Communications. After this, I knew I wanted to move to Australia. Before settling in Sydney, I travelled up the east […]
Meet the team: Martin Kloosterman
How did Martin find himself at TRAction? Before joining TRAction, Martin was working in China for Pinpoint, who was entering the Chinese market for credit card reward points. He says “I was looking for a new challenge with a small company with potential – and I certainly found that.” Martin’s responsibilities in his role… During his […]
MAS field 28 of 135 – Option type (where applicable)
MAS field 29 of 135 – Option style (where applicable)
ASIC Rewrite: 82 Basket constituent identifier source
ASIC Rewrite: 80 Custom basket code
Common Errors in MAS Reporting
TRAction’s reporting services include data validation and data enrichment to identify and resolve errors as well as ensure the format meets requirements prior to Trade Repository (TR) submission. We’ve identified the most common errors made in MAS OTC derivative trade reporting and provide steps on how to rectify each one. We also encourage MAS firms […]
Canada Rewrite – Top 6 Changes That You Need to Know
Canada Rewrite rules are set to commence on 25 July 2025 (Go Live). The intent of the regulatory updates is to harmonise the Canadian regulations with other global trade reporting regimes, to have improved data quality, transparency and standards – this has resulted in major changes being introduced. In sharp contrast to the other recent […]
What are CBDCs? Will CBDCs be used as Collateral and require Trade Reporting in Australia?
Recently, the Reserve Bank of Australia (RBA) considered a pilot for central bank digital currencies (CBDCs) and underwent a research project called Project Acacia. The intent of the project was to look into the adoption of a future digital currency along with the relevant technological infrastructure and how it may help shape the form of […]