Trade repository hkma
Repository & Derivatives DDRL HKMA Onboarding Pack (requires login to GTR Client Center) Institutional Trade Processing Clearing Services Settlement & Asset Services Wealth Management Services Collateral Hong Kong started interim trade reporting in August 2013, with Legislative vetted rules implemented on 10 July 2015. Unlike other jurisdictions in Asia, HKMA built the trade reporting solution themselves. The Hong Kong Trade Repository (HKTR) was built by their subsidiary Hong Kong Interbank Clearing Limited (HKICL). DTCC’S GLOBAL TRADE REPORTING SERVICE (GTR) IN HONG KONG. In Hong Kong, DTCC acts as a reporting agent for banks that need to report their derivatives transactions to the Hong Kong Monetary Authority (HKMA) through the country’s trade repository, the Hong Kong Trade Repository (HKTR). iii) Not Sent - Trade already not active. Issue: If the trade is already terminated or withdrawn and again there is a termination or withdrawal to be sent , the record will not be sent to HKTR and will be indicated on the HKTR Status Report as “HKMA Not Sent – Trade already not active”.
Sep 10, 2019 Meeting numerous reporting obligations across several regimes is Canada, CFTC, EMIR, HKMA, MAS and MiFID) across the following asset firms to report details of their derivatives transactions to a trade repository.
The HKMA, together with the Government and the Securities and Futures Commission, built a regulatory regime for the OTC derivatives markets (OTC Regulatory Regime) under the Securities and Futures Ordinance (SFO), including requirements for mandatory reporting to the Trade Repository of the HKMA (HKTR) and mandatory clearing at designated CCPs. An entity must join the HKTR as a TR Member before using the Trade Reporting Service of the HKTR. Trade Reporting Service The HKTR provides an electronic system for collecting, keeping and maintaining details of OTC derivatives transactions efficiently and securely, primarily for market participants to meet the statutory reporting requirements under the OTC Regulatory Regime, and the interim reporting requirements. DTCC’S GLOBAL TRADE REPOSITORY (GTR) SERVICE IN HONG KONG In Hong Kong, DTCC acts as a reporting agent for banks that need to report their derivatives transactions to the Hong Kong Monetary Authority (HKMA) through the country’s trade repository, the Hong Kong Trade Repository (HKTR). The Hong Kong Trade Repository (HKTR) was built by their subsidiary Hong Kong Interbank Clearing Limited (HKICL). HKICL also built/manages Hong Kong’s payment infrastructure on behalf of HKMA. The HKMA TR infrastructure consists of two parts This OTC Derivatives Trade Repository Reporting Service Reference Manual (“Manual”) describes the reporting service for over-the-counter (“OTC”) derivatives transactions (“Reporting Service”) provided by the OTC Derivatives Trade Repository (“HKTR”) of the HKMA to TR Members in accordance with, and subject departments of the HKMA undertake the operational and oversight roles respectively. The Trade Repository team of the Financial Infrastructure Department (“TR team”) is responsible for the development and operation of the HKTR. The Financial Market Infrastructure Oversight team of the Banking Conduct Department
May 19, 2014 The Global Trade Repository operates in six jurisdictions - Australia, HKMA). 3 %. Open positions across jurisdictions as of 13 May 2014.
Nov 19, 2018 HKMA means Hong Kong Monetary Authority. HKTR means Hong Kong Trade Repository. IOSCO means International Organization of Sep 10, 2019 Meeting numerous reporting obligations across several regimes is Canada, CFTC, EMIR, HKMA, MAS and MiFID) across the following asset firms to report details of their derivatives transactions to a trade repository.
HKMA Reporting refers to the requirement put in place by the Hong Kong firms to submit details of their derivatives transactions to the HKMA trade repository.
HKMA has developed the Hong Kong Trade Repository ("the HKTR") for prescribed persons to report their OTC derivatives transactions. Since the information in the HKTR will be used by the regulators to perform market surveillance, it is very important that the information provided by reporting entities to the HKTR should be accurate and complete.
Oct 12, 2012 MiFIR – Post-trade transaction reporting Hong Kong Monetary Authority and Securities and Futures Commission Public Consultation Paper,.
News & Circulars. All » Introduction » » Reporting Service. Service Announcement » » » Circulars » » » Regulatory Information Trade Repository of the HKMA - Documentation Updates on 13 Apr 2018. News and Circulars > Reporting Service > Circulars. 24 Aug 2017 Service”) provided by the OTC Derivatives Trade Repository (“HKTR”) operated by the Central Moneymarkets Unit (“CMU”) to CMU TR Members in accordance with, and subject to any limitations contained in their Matching and Confirmation Service Agreements with the HKMA. Trade Repository of the Hong Kong Monetary Authority (HKTR). HKTR is a centralised registry that maintains an electronic database of records of OTC ve derivati HKMA has developed the Hong Kong Trade Repository ("the HKTR") for prescribed persons to report their OTC derivatives transactions. Since the information in the HKTR will be used by the regulators to perform market surveillance, it is very important that the information provided by reporting entities to the HKTR should be accurate and complete.
The Hong Kong Monetary Authority (HKMA) announced today (Friday) the development of a local trade repository (TR) for over-the-counter (OTC) derivatives trades in Hong Kong. Arising from the global financial crisis in 2008, concerted effort has been made by the international community to improve the transparency and reduce the counterparty 1. This report contains the assessment the Hong Kong Monetary Authority by (HKMA)1 (via the Payment Systems Oversight (PSO) team of the Payment Systems Oversight & Licensing Division (PSOLD))2 of the Over-the-counter (OTC) Derivatives Trade Repository of the Hong Kong Monetary Authority (HKTR). © 2020 Hong Kong Monetary Authority. All rights reserved. skip to context HKTR-RPT-Administration-and-Interface-Development-Guide. The Administration and Interface Development Guide (AIDG) package contains technical specifications to be observed by users subscribing to and making use of the Reporting Service. OTC derivatives regulatory regime. To address the structural deficiencies in the over-the-counter (OTC) derivatives market highlighted by the 2008 global financial crisis, the Legislative Council enacted the Securities and Futures (Amendment) Ordinance 2014 (Amendment Ordinance) on 26 March 2014.