The European Markets Infrastructure Regulation (EMIR Refit) was published into the Official Journal of the European Union and established a formal date of 29 April 2024 for industry implementation and compliance. The publication of EMIR Refit into EU law is part of the global harmonisation push for G20 OTC derivatives reporting obligations to be consistent. […]
“G20 Solutions has earned its place on the shortlist of our evaluation panel to be featured as one of the ‘Top 10 Regulatory Services Companies in APAC 2022‘ in our upcoming edition of Regtech 2022.” Luna Curtis from CIO Review APAC magazine
Commodity Futures Trading Commission (CFTC) has set its trade reporting rules rewrite compliance date to December 5, 2022. The technical specification has 128 primary fields and new reporting value rules as part of its G20 reporting harmonisation efforts. Please contact G20 Solutions for assistance if you deal with US Persons or deal from the US.
ASIC’s second Consultation Paper (CP) 361 Proposed Changes to simplify the ASIC Derivative Transaction Rules (Reporting) 2013 has shown that ASIC’s re-write will be rolled out in two stages. The first stage will deal more with tightening up the use of LEI, UTI and delegated reporting. The second phase is primarily about additional fields for […]
The CFTC Rewrite for Parts 43/45/49 is to be finalised next month by the passing of the bill by Congress. It is now expected an 18 month window will exist before the enacted Compliance Date.
End of UK-EU transition period. Amazing really.
The Financial Stability Board (FSB) recommends that regulators implement the CPMI-IOSCO Unique Transaction Identifier (UTI) Technical Guidance to take effect no later than December 31, 2020.
Application of the mandatory systematic internaliser (SI) regime for derivatives under MiFID II / MiFIR, i.e. pre-trade transparency requirements and supply of the Financial Instruments Reference Data System (FIRDS) on derivatives subject to the mandatory SI regime based on ESMA calculations (to be published on of August 1, 2020).
1st Sept 2020 Initial margin pushed out 12 months to Sept-2021. Initial margin requirements apply under US PR, US CFTC, EU, Japanese, Hong Kong (HKMA & SFC) and Korean margin rules to Phase 5 entities
On January 1, 2019, the revised APRA Prudential Standard APS 221 Large Exposures takes effect (with a 1 year transition period for groups of connected parties and structured vehicles).