AUSTRALIA: Asic Grants First Depository License to DTCC

Tuesday September 16 2014

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Australia

Link: http://www.asic.gov.au/asic/asic.nsf/byHeadline/14-230MR%20ASIC%20grants%20first%20trade%20repository%20licence?opendocument

The Australian Securities and Investments Commission (Asic) has granted an Australian derivative trade repository license to the Depository Trust and Clearing Corporation`s (DTCC) Singaporean facility.

The DTCC Derivatives Repository Singapore (DDRS) will remain under the day-to-day oversight of the Monetary Authority of Singapore (MAS), however, Asic has certified that it is fully compliant with its own rules.

Click link above for further details.