ASIC - UTI Pair & Share

posted Jul 22, 2015, 5:29 AM by David Larratt   [ updated Jul 22, 2015, 5:30 AM ]


ASIC's relief for pairing and sharing Unique Trade Identifiers (UTIs) expires on September 30th 2015. From October 1st 2015 onward, ASIC dual sided reporting counterparties will be required to pair & share their UTIs. Whilst the industry convention is to apply the ISDA Guide to Best Practise (market agreed rules), it is proving to be difficult with many parties not having platform trade identifiers available to complete the obligation.