ASIC says it will seek input on OTC derivatives trade repository

12/14/2012 | (subscription required)

The Australian Securities and Investments Commission says it will seek feedback regarding trade repositories for over-the-counter derivatives. "We would expect to consult on the issues surrounding implementing a trade repository in Australia around the end of the first quarter next year," ASIC's Laurence White says. "Our aim is to have the regime in place by mid-2013. We are working hard to reach that timetable."

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