Australian Securities and Investments Commission Reporting
The Australian Securities and Investments Commission (ASIC) introduced its version of the OTC Derivative Transaction Reporting regime for Australia in July 2013. This regulation sets out the requirements for reporting entities to report derivative transaction information to trade repositories.
What is ASIC Reporting?
Entities caught under the ASIC rules have a legal obligation to provide a set of prescribed data related to the activities that they are undertaking within the financial markets. Similar to EMIR reporting, ASIC requires lifecycle and position reporting.
ASIC’s set of prescribed data can also be split broadly into the following categories:
- Transaction Information – UTI , counterparty, execution timestamp etc
- Collateral Data – master agreements, collateralisation type etc
- Trade Economics – notional, price, currency, maturity date etc.
Similar to other OTC derivative reporting regimes such as CFTC, MAS and EMIR, the ASIC regime has undergone numerous iterations with the latest rewrite having commenced in October 2024. This introduced a significant amount of change as a result of the regulator’s efforts towards global harmonisation and streamlining of derivative data reported under this regime.
How we can help
Our ReportShield™ quality assurance services give you the ability to demonstrate appropriate controls over your reporting obligations for ASIC across all five derivative asset classes. We can also conduct cross-regulation testing to ensure consistency with other regimes and provide remediation of reports.
Accuracy Testing
The testing gold standard, providing the maximum level of protection against regulatory challenge. Learn more
Completeness Controls
Our Completeness Controls tool provides comprehensive, independent end-to-end reconciliation Learn more
Control Framework
Together with data quality, a robust control framework is a key expectation of regulators. Learn more
External resources
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- ASIC Derivative Transaction Rules (Reporting) 2013 Rules until 20 December 2022 inclusive
- ASIC Derivative Transaction Rules (Reporting) 2022 rules until 20 October 2024
- ASIC Derivative Transaction Rules (Reporting) 2022 Regulatory Guide 251
- ASIC Derivative Transaction Rules (Reporting) 2024 rules effective from 21 October 2024
- ASIC Derivative Transaction Rules (Reporting) – Comparison 2024 Rules vs 2022 Rules
- ASIC Derivative Reporting 2024 – Schedule 1 technical guidance (updated February 2025)
- ASIC Derivative Transaction Reporting – worked examples (July 2024).
Is your ASIC reporting accurate and complete?
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