The Australian Securities & Investments Commission (ASIC) has launched an industry consultation on proposed updates to the ASIC Derivative Transaction Rules (Reporting) 2024, aimed at simplifying derivatives trade reporting and reducing regulatory complexity. The package responds to industry feedback and is intended to improve the quality of data reported to ASIC while better aligning Australia’s framework with international standards. The 2024 Rules set out requirements for reporting derivative transaction information to derivative trade repositories. ASIC has published draft amendments and a detailed summary of proposed changes on its consultation webpage, alongside information on how to provide feedback. The consultation sits within a broader, progressive modernisation of Australia’s derivatives trade reporting regime, with the 2024 Rules having commenced on 21 October 2024 and subsequent targeted amendments commencing on 21 October 2024 and 20 October 2025. Submissions are due by 5pm (AEST) on 8 May 2026.
Australian Securities & Investments Commission 2026-03-27
Australian Securities & Investments Commission consults on simplifying updates to derivative transaction reporting rules
The Australian Securities & Investments Commission (ASIC) has initiated a consultation on proposed updates to the ASIC Derivative Transaction Rules (Reporting) 2024, aiming to simplify derivatives trade reporting and reduce regulatory complexity. The updates seek to enhance data quality and align Australia's framework with international standards. Draft amendments and a summary of proposed changes are available on ASIC's consultation webpage.