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The Australian regulator, the Australian Securities and Investments Commission (ASIC), has publishedconsultation on draft rules and regulatory guidance to establish a trade repository regime implementing its G20 commitments. The consultation paper sets out proposals for the licensing of derivative trade repositories or data warehouses which maintain an electronic database of derivative transactions.
The deadline for comments is 12 April with the next version of the regulatory guidance due to be published in June and the final rules being made in July 2013.
LINK
http://www.asic.gov.au/asic/asic.nsf/byHeadline/13-051MR%20ASIC%20consults%20on%20trade%20repository%20regime?opendocument
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