State Bank of Pakistan has developed a Derivative Transaction Reporting System (DTRS) to capture all the Derivative Transactions executed by Banks operating in Pakistan.
All Authorized Derivatives Dealers (ADDs), Non- Market Maker Financial Institutions (NMIs) and the Banks (involved in financial derivative transactions) are advised to report all derivative transactions, including Forward Rate Agreements (FRAs), Cross Currency Swaps (CCS), Interest Rate Swaps (IRS) and Foreign Currency Options (FXO), in DTRS on weekly basis, The data will be reported by using forms available at the SBP website at following link:
http://www.sbp.org.pk/dmmd/DTRS-FILES.htm
Data of all derivative transactions, including new deals and changes in existing deals maturity, structure, terms and conditions, etc, during a week will be reported on the first working day of the following week.
All reporting institutions are required to start reporting data in DTRS through e-mail at [email protected] from week ending 3 rd April 2015 with reporting date on 6 th April 2015. With the increase in volumes of derivative transactions, SBP may increase the frequency of data reporting.
In addition to reporting in DTRS, reporting institutions will continue to submit data related to derivative transactions as per instructions contained in SBP circular 19 dated 5 th October 2007 until 30th June 2015.
Any query related to the new Derivative Transaction Reporting System (DTRS) may be forwarded to [email protected] .