Clifford Chance
OTC derivative reporting in Australia: What you need to know
3 August 2015
Under Part 7.5A of the Corporations Act 2001 (Corporations Act) the Australian Securities & Investments Commission (ASIC) has the power to make rules with regards to trade reporting, central clearing and platform trading in respect of those classes of derivatives determined by the Minister. The Minister made such a determination in May 2013 and ASIC published the ASIC Derivative Transaction Rules (Reporting) 2013 in July 2013 (Rules) as amended in February 2015.
