To date there has been no definitive position provided by either the regulation or ASIC guidance about the reportability of crypto.
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.
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).
TRAction has identified a few common mistakes in ASIC trade reporting data. Ensuring the completeness and accuracy of your ASIC trade reporting is important so please take the time to review the errors in this article.
Public holidays and bank holidays can have a major impact on trade and transaction reporting requirements; especially if you are an entity operating under multiple regimes.
When there is a public holiday where the regulatory body (or regulated entity) is located, it is likely that the timing of report submissions will be extended commensurately.
New release of DTCC ASIC and MAS Rewrite Specifications version 0.2
Daylight Saving Time (DST) starts this weekend (Sunday, 1 October 2023) in Australia for most states. While you enjoy the sun and longer days, you’ll need to check your ASIC OTC derivative reporting is using the correct time settings after the time change.
Under the Australian Securities and Investments Commission’s (ASIC) Regulatory Guide (RG) 251, reporting entities are required to make regular enquiries of their reporting delegate.
