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[null,"International Derivatives Regulations - Overview Reporting Obligations for NFCs  (non-financial counterparties), April 2017"]
[]
[null,"Country / Region",null,null,"Legislation in force?",null,"Reporting obligation for NFCs",null,"Status / Details / Limits / Exceptions",null,"Reporting obligation for intra-group transactions (Transactions between NFCs)"]
[]
[null,"Argentina",null,null,"Ongoing",null,"No",null,"According to FSB, approx. 70% of all derivatives are exchange traded. These trades are usually reported by the exchanges to the Central Bank. ",null,"No"]
[null,"Australia",null,null,"Yes",null,"No",null,"\"End users\" do not have to report under any circumstances, also not trades with foreign counterparties not reporting under the Australian regulation.",null,"No"]
[null,"Brazil",null,null,"Yes",1,"Yes - limited",null,"NFCs are required to report to a domestic TR all foreign OTC derivatives transactions that occur abroad if used for hedging purposes; however, their subsidiaries and affiliates abroad are not bound by this resolution",null,"No"]
[null,"Canada (Ontario)",null,null,"Yes",null,"Yes - limited",null,"No exceptions, all trades have to be reported. Start date for reporting: July 1, 2016. Exemption for intra-group trades (as per amendment dated November 5, 2015).",null,"No"]
[null,"China",null,null,"Yes",null,"n.a.",null,"Legislative framework or other authority is in force and, with respect to over 90% of transactions, standards / requirements are in force (Source: FSB).",null,"n.a."]
[null,"European Union",null,null,"Yes",null,"Yes",null,"No exceptions, all trades have to be reported. Start date for reporting: February 12, 2014.",null,"Yes"]
[null,"Hong Kong",null,null,"Yes",null,"No",null,null,null,"No"]
[null,"India",null,null,"Yes",null,"No",null,"Legislation (Reserve Bank of India Act) in force since January 2007. For the time being, no reporting obligation for NFCs.",null,"No"]
[null,"Indonesia",null,null,"No",null,null,null,"Up to date (August 2015), no regulation has been enacted."]
[null,"Japan",null,null,"Yes",null,"No",null,null,null,"No"]
[null,"Korea",null,null,"Yes",null,"n.a.",null,"Financial Investment Services and Capital Markets Act in force. According to FSB legislative framework is in force covering over 90 % of derivative transactions in South Korea.",null,"n.a."]
[null,"Mexico",null,null,"Yes",null,"No",null,"Legislative requirements are in force covering over 90 % of derivative transactions in Mexico. OTC instruments have to be reported by the authorized e.g. brokers to Banco de Mexico. ETD transactions are automatically reported by the exchanges to Banco de Mexico. ",null,"No"]
[null,"Russia",null,null,"Yes",null,"No",null,null,null,"No"]
[null,"Saudi Arabia",null,null,"No",null,null,null,"Up to date (August 2015), no regulation has been enacted."]
[null,"Singapore",null,null,"Yes",null,"Yes - limited",null,"NFCs do not need to report unless a threshold of SGD 8 bn (gross notional amount over all specified asset classes) in four consecutive quarters has been exceeded. Start date for reporting: October 1, 2014."]
[null,"South Africa",null,null,"Ongoing",null,null,null,"The second draft of the so-called Financial Markets Act is currently under review. For the time being, there are no plans for NFC reporting. South Africa has not yet assigned any trade repositories. "]
[null,"Switzerland",null,null,"Yes",null,"Yes - limited",null,"Transactions concluded between a Swiss corporate and an Non-Switzerland-based counterparty have to be reported by the Swiss corporate in case the foreign bank does not report under FinfraG. Start date for reporting expected for Q3 / 2016, final decision still pending. Hearing on the FMI Ordinance will last until October 2, 2015.",null,"No"]
[null,"Turkey",null,null,"Ongoing",null,null,null,"Capital Markets Law in force since  December 2012. Reporting for FCs might start in 2016, so far no plans for NFC reporting. Trade repositories (MKK and Takasbank) have already been licenced."]
[null,"United States",null,null,"Yes",null,"Yes - limited",null,"Transactions concluded between a US corporate and an Non-US-based corporate have to be reported by the US corporate, as well as trades with a so-called Non-US-based 'Financial end-user'. Financial end-users are e.g. banks with a derivative volume of less than USD 8 bn / year. Start date for reporting: December 31, 2012.",null,"No *)"]
[null,null,null,null,null,null,null,null,"*) Does not apply for trades with entities in which the group has an interest of less than 51%."]