Request to Delayed ASIC's DTR Phase 3

posted Jun 17, 2014, 8:25 PM by David Larratt
Derivatives Trade Reporting – Phase 3 Delay Request

It is believed the AFMA/ISDA Trade Reporting Group has written a letter to propose for a staggered and delayed start to Phase 3 of the OTC derivative transaction reporting obligations.

Possible content could be to stagger the start of Phase 3 Reporting Entities based on a threshold test and open up an optional earlier start for those ready. also for reporting to start on a best endeavours basis without conditions.