The Nexus Test and the End of Alternative Reporting ASIC’s overhaul of its derivative reporting regime is entering its final, critical stage. From 20 October 2025, foreign entities that once had flexibility in their reporting will face a mandatory, two-part…
Understanding the common pitfalls in derivative trade reporting, the “Blackspots” identified by ASIC (as discussed in our previous article), is crucial. However, identifying the problems is only the first step. Building truly defensible reporting requires implementing effective strategies to address…
Building on our previous discussion about the critical importance of robust governance and proactive self-checking in derivative trade reporting (as explored in “The Governance Gap: Why Businesses Must Strengthen Derivative Reporting Assurance”), this article dives into the specific areas where…
Robust governance and internal controls are fundamental necessities in the complex financial regulation landscape. This is particularly true for derivative trade reporting, especially following the significant ASIC rule changes in October 2024. While the industry adapts, a critical observation from…
Introduction For senior leaders in financial services, the question of regulatory compliance isn’t just about ticking boxes – it’s about safeguarding the business from risk and ensuring operational integrity. With ASIC’s increased scrutiny on derivative trade reporting following the October…
