ASIC Furthers Its Rule Proposals – Produces Draft Regulation For Trade Reporting Obligations

Australian regulator ASIC has proposed draft rules addressing the mandatory trade reporting obligations for over-the-counter (OTC) derivatives such as interest rate swaps.

The proposals are the next step in Australia meeting its G20 commitments to OTC derivatives reform, and follows ASIC consulting on proposals for the licensing and regulation of derivative trade repositories (refer: 13-051MR).

[visit site to read more]

Read More... [Source: Forex Magnates - Posted by FreeAutoBlogger]