In 2009, the G20 group of nations agreed on a set of OTC market reforms designed to reduce systematic risks and to improve market transparency. In Singapore, the MAS announced that it would meet the objectives set by G20 as well as recommendations by the Financial Stability Board (FSB) on implementation of these objectives.

As at 31 October 2013, the regulations on reporting of OTC derivatives transactions are in place. The requirements will affect not only the sell-side financial institutions, but also the buy-side, i.e. the asset management industry, as well as corporations with significant derivatives portfolio. In this session, experts from PwC and DTCC will discuss:

• Overview of key requirements of MAS’ OTC derivatives reporting regulation and how it impacts the asset management industry; 
• Key challenges in implementing the new rules and important considerations when assessing readiness as it goes live for the asset management industry; 
• Similarities and differences of reporting requirements and timelines across different jurisdictions; and 
• How the MAS’ reporting requirements can be met. 

So, register your attendance now!

A light lunch will be provided at 11.45am. The Talk will start at 12.30pm sharp.

This Talk is exclusive to IMAS members only. If you would like to attend this IMAS Lunchtime Talk, please register with us at replies@imas.org.sg.

Due to seating constraints, registrations will be on a first-come, first-served basis, subject to three (03) registrations per company.

Please click here for the presentation slides from PricewaterhouseCoopers.
Please click here for the presentation slides from DTCC.