Circular to Licensed Corporations in relation to the reporting of OTC derivatives transactions to the HKMA trade repository – Technical specifications for new phase system implementation

We refer to the Further Consultation Conclusions on Introducing Mandatory Clearing and Expanding Mandatory Reporting published in July 2016, which summarised the revised regulatory proposals on various technical aspects and mandatory reporting data field requirements.

In response to the above revised requirements in the further consultation conclusions, the Hong Kong Monetary Authority (HKMA) announced today that a set of updated requirements and technical specifications for reporting, to be set out in version 1.5.2 of the Administration and Interface Development Guide (“AIDG”), will be published in October 2016. The announcement also reminded reporting entities to carefully read the revised AIDG to ensure they are aware of the changes between version 1.5.2 and the earlier version 1.5.1 that was published on 6 June 2016. Testing environment for the revised AIDG (version 1.5.2) will be available in Q4 2016.

Attached to this Circular is the letter from the HKMA regarding the above announcement.

Should you have any queries regarding the above, please contact the HKMA at hktr@hkma.gov.hk.

Supervision of Markets Division
Securities and Futures Commission