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 Continue reading
Our director, Sophie Gerber, is confirmed to speak at the iFX Expo in Hong Kong which runs from 26 to 28 January 2016. If you would like to sign up, you can visit the iFX website. Also Continue reading
A “Reporting Entity” needs to report information about its “Reportable Transactions” under the ASIC Derivative Transaction Rules (Reporting) 2013.
For each type of Reportable Entity, the Reportable Transactions in relation to that Reportable Entity are as set out Continue reading
Following the 2008/09 global financial crisis, one of the results was the initiation of more rules surrounding over the counter (OTC) derivative trades. In relation to the forex and CFD market, this has meant the rollout of reporting requirements across Continue reading
