ASIC

ASIC

Reminder: Daylight Saving Time for New York Started Yesterday

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).

ASIC Consultation
ASIC

Change to ASIC Derivative Reporting Gets Closer to Finalisation

ASIC is stepping closer to its final version of reform to its reporting requirements for derivative transactions. Further details of their proposals have been outlined in ASIC’s second Consultation Paper (CP) Proposed Changes to simplify the ASIC Derivative Transaction Rules (Reporting) 2013, incorporating further changes after its first round of consultation released in November 2020.

Trade Reporting
ASIC

Trade Reporting for Foreign Payment/Money Transfer Providers

Globally there are a host of foreign exchange brokers which allow their customers to move currency to and from different countries and currencies. These companies are subject to different requirements based on the jurisdiction where they are based and the role they play in the market.

ASIC Trade Reporting Breaches – a Summary
ASIC

ASIC Trade Reporting Breaches – a Summary

Are you aware of the penalties for non-compliance with ASIC’s trade reporting rules? Australian entities dealing in OTC derivatives are required to report under and comply with the ASIC Derivative Transaction Rules