Unfolding the Complexity of OTC Derivatives Reform in APAC – HKMA Phase 2 Reporting, MiFID II and Non-Cleared Margining
Time: Tuesday, 28 Feb 2017, 2:00pm-4:00pm (Singapore/Hong Kong)
Venue: 27 Floor, Jardine House, One Connaught Place, Central, Hong Kong
With HKMA Phase 2 mandatory reporting commencing on 1st July 2017, and MAS enforcing equity and commodity derivatives reporting for banks in 2nd half of 2017, OTC derivatives trade reporting is approaching completion in Australia and Singapore and ramping up in Hong Kong. Meanwhile, trade reporting is also expected to start in other APAC countries such as Korea and Philippines. On a grand scale, MiFID II reporting coming on 3rd Jan 2018 covers a much broader range of requirements including transaction reporting, pre-trade and post-trade transparency reporting, commodities position reporting, and reference data reporting and systematic internaliser determination. MiFID II impacts a wider range of entity types and covers a much broader spectrum of instrument types. The upcoming margin requirements for non-cleared OTC derivatives on 1st March 2017 also brings extra burden to firms’ daily operations.
How are these upcoming regulations impacting your existing operational processes and technology platforms? Will they be able to scale? How to prepare with your plan of attack?
You are invited to join an information session for OTC Derivatives Reform in APAC, jointly brought to you by Catena Technologies, Clifford Chance, and IHS Markit. The session will discuss the legal aspects of the HKMA reporting, MiFID II and non-cleared margining.
• Introduction to Catena, Clifford Chance and IHS Markit
• Key focuses of APAC OTC derivatives reform in 2017 and beyond
• HKMA Phase 2 trade reporting: deadline is looming
• MiFID II: How are Hong Kong firms impacted
• Non-cleared margin requirements across Hong Kong, Singapore and Australia
• Networking and Q&A
*Refreshments will be provided.
About Clifford Chance
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.
About Catena Technologies
Catena Technologies specializes in architecture, design, and delivery of advanced technology solutions for the financial services industry. Catena offers the TRACE Reporting solution, which is used by financial institutions to meet global regulatory reporting needs. Catena also offers TRACE Reconciliation and TRACE Analytics to support front, middle, and back-office operations.
About IHS Markit
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.