AxiomSL: Leveraging experience implementing EMIR to be compliant with derivatives trade reporting in South Africa

In just a few months South African entities will be required to begin reporting all in scope over-the-counter (OTC) transactions following the enactment of the Financial Markets Act 2013 by the South African administration. The obligation to report derivatives transactions will bring the country in line with other OTC derivative markets regulations such as the European Market Infrastructure Regulation (EMIR), thus preventing duplicative reporting processes for those South African OTC