Regulations and Requirements
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      What is a 'Business Day' for ASIC TR Reporting?

      How does ASIC define a Business day?

      Per ASIC 1.2.3 - 
      Business Day       means a day that is not a Saturday, a Sunday, or a public holiday or bank holiday in the Relevant Jurisdiction.

      Relevant Jurisdiction means, in relation to a Reportable Transaction:

        1. this jurisdiction, if the Reportable Transaction was booked to the profit or loss account of a branch of the Reporting Entity located in this jurisdiction or was entered into by the Reporting Entity in this jurisdiction; or
        2. if paragraph (a) does not apply:
          1. the jurisdiction in which the Reportable Transaction was booked to the profit or loss account of a branch of the Reporting Entity; or
          2. if subparagraph (i) does not apply, the jurisdiction in which the Reportable Transaction was entered into by the Reporting Entity.

      The public holidays in Australia are New Year's Day, Australia Day, Good Friday, Easter Monday, Anzac Day, Christmas Day and Boxing Day. 

      Australian Eastern Standard Time (AEST) or Australian Eastern Daylight Time (AEDT), as applicable, in Sydney, Australia is always used for regulator purposes. (per ASIC Derivative Transaction Rules (Reporting) 2024 per part 1.2.1 References to time)

      Note: for timeliness calculations KOR shall use the Reporter's ASIC timezone and ASIC holiday calendar set up in KOR centeral.