On Jan. 15, TSE said JPN SCC planned to standardize reg reporting.
TSE said JPN SCC was planning to standardize reg reporting using global frameworks.
Overview of Standardization
JPN SCC will begin parallel production operations for regulatory reporting to JPN FSA and CFTC from Jun. 2025 using ISDA's Digital regulatory reporting (DRR) as well as the Fintech Open Source Foundation (FINOS)'s Common domain model (CDM).
This is the first implementation announcement of DRR/CDM in production environment by any global clearing house as well as by any Japanese financial institution.
Future expansion is planned for credit default swap (CDS) reporting and additional regulatory jurisdictions as ISDA expands Digital regulatory reporting coverage.
