OTC derivatives reform

At the 2009 Group of 20 Pittsburgh Summit, the Australian Government joined other jurisdictions in committing to substantial reforms to practices in over-the-counter (OTC) derivative markets with respect to transaction reporting, clearing and trade execution.

The overarching objectives of the OTC derivatives reforms are to:

  • enhance the transparency of transaction information available to relevant authorities and the public
  • promote financial stability, and
  • support the detection and prevention of market abuse.

These commitments aim to bring transparency to these markets and improve risk management practices. These changes provide a framework for the regulation of OTC derivatives reporting, clearing and trade execution. Queries in relation to ASIC's work in the area of OTC derivatives reform can be sent to: OTCD@asic.gov.au.

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What's new

Cleaning up our markets from dangerous leaks of information

1 February 2017

ASC Commissioner Cathie Armour discusses market cleanliness as we head into the reporting season.

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ASIC consults on consolidating ASIC market integrity rules

24 January 2017

ASIC has released a consultation paper proposing to consolidate and clarify Australia's market integrity rules.

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Pershing Securities pays $40,000 infringement notice penalty

16 January 2017

Pershing Securities Australia Pty Ltd has paid a penalty of $40,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel.

Read the media release

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Last updated: 23/03/2016 03:09