HKMA Phase 2 mandatory reporting – are you prepared for 1 July 2017

As HKMA Phase 2 mandatory reporting requirements are looming on the horizon with a commencement date of 1 July 2017, firms are putting it high on the agenda to create a plan of attack. The Phase 2 rules have expanded the reporting scope to cover all the OTC derivative transactions in the five asset classes as well as daily valuation information. The threshold for exempt person relief now applies across all asset classes rather than on a product basis. The scope of transaction information to be reported is also expanded as a result of the product scope expansion. How do all these impact your existing reporting and reconciliation processes? Will they be able to scale? Are you ready with your plan of attack?

In addition, firms’ operations and compliance teams are now beginning to consider ways to utilize the aggregated data from trade reporting initiatives to provide useful analytics to other areas of the business. The consolidation of data across trading, valuation and all the relevant reference data offers a rich source of information to provide such analytics. How would analytics on high quality data be valuable to your business?

You are invited to join a webinar for HKMA Phase 2 Reporting, presented by Catena Technologies. Catena will be joined by Clifford Chance who can discuss the legal aspects of the HKMA reporting rules.

Catena Technologies offers the TRACE Reporting solution, which is a cross-asset, cross-jurisdiction trade reporting system being used by a variety of firms in order to meet urgent tactical reporting obligations while providing a strategic platform for adapting to future regulatory requirements. Catena also offers TRACE Reconciliation to automatically reconcile positions across multiple sources for added data quality. In addition, Catena offers TRACE Analytics to provide MIS reports, counterparty position reports and customized risk analytics for front, middle, and back-office operations. Established, experienced and focused, Clifford Chance offer market leading expertise in Hong Kong across the full range of business law services for clients active in the region.

HKMA Phase 2 Reporting Webinar

Thursday, 3 Nov 2016, 11:00am Singapore/Hong Kong (2:00pm Sydney)

Agenda

• Introduction to Catena

• Interpretation of HKMA Phase 2 reporting rules - Clifford Chance

• Reporting and reconciliation challenges and best practices

• The value of high quality reporting data

• TRACE solution overview

• Q&A

To register, please send an email titled "HKMA Phase 2 Reporting Webinar" to This email address is being protected from spambots. You need JavaScript enabled to view it. with your name, email address, and phone number.