About SIID - TR - Sistema Integrado de Información sobre transacciones de Derivados

Among the key lessons learned from the 2008 Global Financial Crisis (GFC) is the need to improve the transparency of over-the-counter (OTC) derivatives markets in order to better manage the financial risks involved and promote financial stability.

One of the recommendations of the Pittsburgh G20 Leaders' Summit in 2009 was that all OTC derivatives should be reported to a Transaction Repository (TR), incorporating these entities as on of the Financial Market Infrastructures (FMIs). This was formalized in the update of the International Principles for FMIs (PFMI) of the Committee on Payments and Financial Markets Infrastructures (CPMI) of the Bank for International Settlements (BIS) and the Intenrational Organization of Securities Commision (IOSCO) published in 2012.