No data available for the deliverable: Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returns
Summary
The Umoja platform enables automated, integrated regulatory reporting for margin requirements, replacing interim systems and supporting compliance with G20/BCBS standards.
View DetailsIs it working?
The reform is effective, with improved data quality and regulatory oversight, and a smooth transition from legacy systems. The platform supports systemic risk monitoring and could expand as initial margin models come into scope.
Actions
The Umoja platform is live, institutions are engaging, and full compliance was expected by April 2025.
Are there plans?
Prudential Communication 8 of 2024 and Joint Notice 2 of 2024 detail reporting requirements, with industry training and support.
Is it on the agenda?
The SARB, Prudential Authority and FSCA have made this a key regulatory priority, with phased rollout from July 2024.
Goals
To modernise and standardise margin reporting for non-centrally cleared OTC derivatives, supporting systemic risk oversight, transparency, risk monitoring and compliance with global (G20/BCBS) standards.
Departments / Govt Institutions
Summary
The Umoja platform enables automated, integrated regulatory reporting for margin requirements, replacing interim systems and supporting compliance with G20/BCBS standards.
View DetailsIs it working?
The reform is effective, with improved data quality and regulatory oversight, and a smooth transition from legacy systems. The platform supports systemic risk monitoring and could expand as initial margin models come into scope.
Actions
The Umoja platform is live, institutions are engaging, and full compliance was expected by April 2025.
Are there plans?
Prudential Communication 8 of 2024 and Joint Notice 2 of 2024 detail reporting requirements, with industry training and support.
Is it on the agenda?
The SARB, Prudential Authority and FSCA have made this a key regulatory priority, with phased rollout from July 2024.
Goals
To modernise and standardise margin reporting for non-centrally cleared OTC derivatives, supporting systemic risk oversight, transparency, risk monitoring and compliance with global (G20/BCBS) standards.
Departments / Govt Institutions
No data available for the deliverable: Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returns
No data available for the deliverable: Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returns
No data available for the deliverable: Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returns
No data available for the deliverable: Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returns