Document ID: chunk:federal_register_of_legislation:F2024C01137:front:0:p8
Version: federal_register_of_legislation:F2024C01137
Segment Type: other
Provision Reference: 
Character Range: 19222–20446

of the Corporations Regulations 2001, Reporting Requirements cannot be imposed on some classes of persons.
(4) An entity is not a Reporting Entity for a Reportable Transaction, where:
         1.         the entity, acting in the capacity of a clearing member of an authorised clearing facility, clears the Reportable Transaction for another entity through the authorised clearing facility; and
         2.        under the Operating Rules of the authorised clearing facility, each of the entity, the other entity and the operator of, or a related body corporate of, the authorised clearing facility have rights or obligations of the Reportable Transaction.
           Note: Operating rules of an authorised clearing facility that provide for an agency clearing model may provide that both the clearing member and the client or affiliate (each an 'other entity' referred to above) of the clearing member are counterparties of the operator of the authorised clearing facility—in which case, the clearing member is not a Reporting Entity
            Table 1: Reporting Entities and OTC Derivatives
1. Item  2. Reporting Entity                                                                                  3. OTC Derivatives