Effectively manage your international transaction reporting obligations
Beyond EMIR, MiFID and MAS you may also face the challenge of maintaining reporting connections to other international regulatory regimes. The NEX Regulatory Reporting engine manages the complexity of multiple reporting regimes, manipulating the core dataset and routing data to international regulators in the required format.
Reporting under CFTC
The US’s Commodity Futures Trading Commission (CFTC) requires trade reporting as part of the Dodd Frank reforms. CFTC reporting requires that over-the-counter derivatives trades are reported to an approved swap data repository.
Trading in Swiss securities on SIX
Remote participants trading in securities listed on the SIX Swiss stock exchange are required to report transactions to an ARM.
Reporting for Canadian Regimes
Canadian OTC reporting broadly aligns with other global requirements in both scope and imposing a reporting hierarchy. Reporting is differentiated between the four main provinces Ontario, Manitoba, British Columbia and Quebec and definition of the “local counterparty” will determine the reporting entity and which authority has access to the data.
Single solution for all reporting obligations
The NEX Regulatory Reporting HUB is designed to receive, process, enrich and distribute data to relevant regulators under multiple reporting regimes: MiFID, EMIR, ASIC, MAS and others.