ASIC is consulting industry and interested stakeholders on proposed updates to the ASIC Derivative Transaction Rules (Reporting) 2024 (the 2024 Rules).

The proposed changes aim to simplify reporting and reduce regulatory complexity, in response to industry feedback. 

The updates would also help align Australia’s framework with international standards, while improving the quality of the data reported to ASIC.

The 2024 Rules set out the requirements for reporting derivative transaction information to derivative trade repositories.

A copy of the proposed updates to the 2024 Rules, along with a detailed summary of the changes, is available on the consultation webpage.

Providing feedback

ASIC welcomes feedback on the proposed changes from industry and interested stakeholders.

 Submissions should be sent to otcd@asic.gov.au by 5pm (AEST) on 8 May 2026.

Further information, including how to make a submission, is available on the consultation webpage.

Background

ASIC’s derivatives trade reporting framework has been progressively updated to modernise Australia’s regime and align it with international reporting standards.

The 2024 Rules were made in December 2022 and commenced on 21 October 2024, replacing earlier reporting rules that originally commenced in 2013.

Following the 2024 update, ASIC implemented two targeted amendments:

• One commencing 21 October 2024, and
• A further update commencing on 20 October 2025.

ASIC is Australia’s corporate, markets and financial services regulator.