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CORPORATIONS REGULATIONS 2001 - REG 7.5A.30

Reporting requirements--prescribed facilities

             (1)  This regulation is made for paragraph 901A(6)(b) of the Act.

             (2)  Each facility in the following list is prescribed in relation to a class of derivatives if the facility is licensed, authorised or registered to operate as a derivative trade repository for that class of derivatives under a law of a foreign jurisdiction:

                     (a)  DTCC Data Repository (U.S.) LLC;

                     (b)  DTCC Derivatives Repository Ltd.;

                     (c)  DTCC Data Repository (Japan) KK;

                     (d)  DTCC Data Repository (Singapore) Pte Ltd;

                     (e)  Chicago Mercantile Exchange Inc.;

                      (f)  INFX SDR, Inc.;

                     (g)  ICE Trade Vault, LLC;

                     (h)  the Monetary Authority appointed under section 5A of the Exchange Fund Ordinance of Hong Kong;

                      (i)  UnaVista Limited;

                      (j)  a facility determined by ASIC for the purposes of this paragraph.

          (2A)  ASIC must not determine a facility under paragraph (2)(j), unless ASIC is satisfied that:

                     (a)  either:

                              (i)  the facility has adopted rules, procedures or processes that substantially implement the CPSS-IOSCO Principles applicable to the regulation of derivative trade repositories; or

                             (ii)  the foreign jurisdiction concerned has adopted legislation, policies, standards or practices that substantially implement the CPSS-IOSCO Principles applicable to the regulation of derivative trade repositories; and

                     (b)  adequate arrangements exist for cooperation between ASIC and an appropriate authority responsible for licensing, authorising or registering the facility as a derivative trade repository in the foreign jurisdiction.

          (2B)  A determination made under paragraph (2)(j):

                     (a)  must be published by ASIC in the Gazette; and

                     (b)  is not a legislative instrument.

             (3)  Paragraphs (2)(a) to (i) cease to have effect at the end of 30 June 2015.

             (4)  In this regulation:

CPSS-IOSCO Principles means the principles for financial market infrastructures:

                     (a)  issued in April 2012 by the Committee on Payment and Settlement Systems (the CPSS ) and the International Organization of Securities Commissions (the IOSCO ); and

                     (b)  as supplemented, superseded or modified from time to time by principles, recommendations or standards issued by the CPSS or IOSCO (or a successor of the CPSS or IOSCO).



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