SC, BNM and PIDM Issue Joint Public Consultation Paper on OTC Derivatives Reporting Requirements
SC is working closely with BNM and PIDM in developing a framework for enhancing the transparency of OTC derivatives markets in Malaysia which has grown over the last decade. This is consistent with global regulatory efforts in this area.
A key element of this framework is the mandatory reporting of OTC derivatives transactions by counterparties to an approved trade repository. The joint consultation paper, which sets out the details of the mandatory reporting requirements and the transitional arrangements, is available here at the SC website, BNM website (www.bnm.gov.my) and PIDM website (www.pidm.gov.my).