Video: Australia's new derivatives reporting regime

 A new derivatives reporting regime will commence in Australia in 2015. It will apply to Australian entities that hold an AFSL, and exempt foreign licensees (being offshore regulated parties that have the benefit of an exemption from the requirement to hold an AFSL), that have entered into OTC derivatives. Non-compliance could lead to substantial civil penalties.

Our new video features Minter Ellison partner John Elias and Struan Lloyd from the DTCC, to which ASIC granted an Australian derivative trade repository licence. Both share insights into how the new regime will apply to Australian entities, and some of the key operational and practical issues that are likely to arise.

For more information about the new regime, please contact or .