Effectively manage your international transaction reporting obligations
Beyond EMIR, MiFID and MAS you may also face the challenge of maintaining reporting connections to other international regulatory regimes. The CME Regulatory Reporting engine manages the complexity of multiple reporting regimes, manipulating the core dataset and routing data to international regulators in the required format.
Reporting under CFTC
The US’s Commodity Futures Trading Commission (CFTC) requires trade reporting as part of the Dodd Frank reforms. CFTC reporting requires that over-the-counter derivatives trades are reported to an approved swap data repository.
Canadian OTC reporting broadly aligns with other global requirements in both scope and imposing a reporting hierarchy. Reporting is differentiated between the four main provinces Ontario, Manitoba, British Columbia and Quebec and definition of the “local counterparty” will determine the reporting entity and which authority has access to the data.