GTR - DTCC

Report
6 steps to commence reporting to GTR
Step
1
Step
2
Determine if you are
obligated to report
Provide an Opt-In
Notice to DDRS
Who need to report?
All Australian Authorised
Deposit Taking
Institutions (ADIs),
institutions with Australian
Financial Services
licenses (AFS), Clearing
and Settlement (CS)
facility licensees and
foreign ADIs with gross
notional reportable
outstanding positions
between AUD5 billion and
AUD50 billion (across all
asset classes) as of 30
June 2014
If you think you might be
obligated to report, send
an Opt-In Notice to
DDRS.
•
•
•
Which products are
required?
• Interest Rates
Derivative Contracts
• Credit Derivative
Contracts
•
This is non-binding,
you could choose to
opt-out at a later date
if you identify you may
not be in scope.
Send an email subject
‘ASIC Phase 3a OptIn Notice’ to [email protected]
Provide us with your
Legal Entity Name(s)
in your email
Step
3
Step
4
Join the Industry
Working Group
Important documentation
on trade reporting in order
to meet your compliance
timeline is distributed
through the Industry
Working Group
•
Step
5
User Acceptance
Testing (UAT)
Onboard to DDRS
Whether you decide to
report directly to DTCC or
delegate reporting , you
MUST onboard to DDRS.
•
To request for an
invitation, please
contact [email protected]
•
•
Make sure you have a
legal entity identifier
(LEI)/ To apply for an
LEI, please go to
GMEI
To request your
onboarding
documents, please
contact
[email protected]
cc.com
Deadline to complete:
6 Feb 2015
•
Generate test trade
and submit to our
UAT environment
•
Attend DDRS UAT
call to review issues
•
For UAT support or
request an invitation
to our UAT calls,
please contact
[email protected]
m
•
Deadline to complete:
27 Mar 2015
Step
6
Begin Trade
Reporting
13th April 2015
Production
• Submit actual trades
into the GTR
production
environment before
go-live (“data staging
exercise”)
• Verify your positions
are correct before
they are sent to the
regulator
Go Live
• Positions are updated
daily and sent to the
regulator
• For production
support, please email
[email protected]
com
Deadline to complete:
1 Dec 2014
© DTCC

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