On 15 July 2026, the NAFMII issued the Circular on Matters Concerning OTC Derivatives Transaction Reports, which formally clarifies the scope of application, responsible entities, reporting contents, reporting frequency, initial‑reporting arrangements and non‑compliance liabilities for OTC derivatives transaction reports. RIKING has sorted out requirements under the Circular to assist relevant market participants in advance planning and reporting‑readiness preparation.

How can banks translate them into effective implementation? Drawing on the key provisions of the Guidelines, RIKING provides the following overview.

With the regulatory deadline set for the end of 2027, many institutions have entered a critical preparation phase. Unlike a conventional regulatory reporting project, YBT implementation requires banks to balance local regulatory requirements with headquarters governance, while coordinating business processes, data transformation, technical architecture, and multi-branch collaboration.

To address the challenges associated with banking data classification and grading initiatives, RIKING provides an integrated solution covering policy consulting, data asset discovery, rule management, intelligent identification, workflow management, result validation, and security control integration.

Recently, RIKING successfully delivered foreign exchange business transformation projects for three leading foreign-funded incorporated banks. By addressing common industry challenges in risk identification, process collaboration, and risk management efficiency, RIKING has developed a series of best-practice implementations that help banks comprehensively enhance their foreign exchange business capabilities.

Recently, the Macroprudential Management Bureau of the PBOC released the Notice on Clarifying the RCPMIS Reporting Rules for RMB Cross-border Interbank Financing Business (“the Notice”), providing more detailed guidance on how such business should be identified, classified, reported, and statistically managed within the RCPMIS framework.

Recently, RIKING's YBT Trusted Zone solution has been successfully deployed and is now live at several leading foreign banks.

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