Featured Product

    CFTC Proposes Renewal of Information Collection on Swap Data Reporting

    September 25, 2019

    CFTC proposed to renew an information collection on the swap data recordkeeping and reporting requirements. These recordkeeping and reporting requirements (OMB Control No. 3038-0096) apply to swap dealers, major swap participants, and swap counterparties that are neither swap dealers nor major swap participants. Comments must be submitted by November 25, 2019.

    This information collection is needed to ensure that CFTC and other regulators have access to swap data as required by the Commodity Exchange Act, as amended by the Dodd-Frank Act. The Dodd-Frank Act directed CFTC to adopt rules providing for the reporting of data relating to swaps. CFTC had, in 2012, adopted Regulation 45, which imposes recordkeeping and reporting requirements for pre-enactment and historical swaps. With respect to the collection of information, CFTC is inviting comments on:

    • Whether the proposed collection of information is necessary for proper performance of the functions of CFTC, including whether the information will have a practical use
    • The accuracy of CFTC's estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used
    • Ways to enhance the quality, usefulness, and clarity of the information to be collected
    • Ways to minimize the burden of collection of information on those who are to respond, including through the use of appropriate automated electronic, mechanical, or other technological collection techniques or other forms of information technology.

     

    Related Link: Federal Register Notice

    Comment Due Date: November 25, 2019

    Keywords: Americas, US, Banking, Securities, Reporting, Swap Data, Swap Dealers, Major Swap Participants, Information Collection, Dodd-Frank Act, CFTC

    Featured Experts
    Related Articles
    News

    EC Regulation Sets Out Standards for Reporting and Disclosure of MREL

    EC published the Implementing Regulation 2021/763 that lays down implementing technical standards for supervisory reporting and public disclosure of the minimum requirement for own funds and eligible liabilities (MREL).

    May 12, 2021 WebPage Regulatory News
    News

    APRA Decides to Standardize Submission Date for Quarterly Reporting

    APRA announced the standardization of quarterly reporting due dates for authorized deposit-taking institutions.

    May 11, 2021 WebPage Regulatory News
    News

    ECB Working Group Publishes Recommendations on EURIBOR Fallbacks

    The private sector working group of ECB on euro risk-free rates published the recommendations to address events that would trigger fallbacks in the Euro Interbank Offered Rate (EURIBOR)-related contracts, along with the €STR-based EURIBOR fallback rates (rates that could be used if a fallback is triggered).

    May 11, 2021 WebPage Regulatory News
    News

    Bundesbank Publishes Supporting Documentation for Reporting by Banks

    Bundesbank published a list of "EntryPoints" that are accepted in its reporting system; the list provides taxonomy version and name of the module against each EntryPoint.

    May 11, 2021 WebPage Regulatory News
    News

    EBA Publishes Phase 1 of Reporting Framework 3.1

    EBA published the phase 1 of its reporting framework 3.1, with the technical package covering the new reporting requirements for investment firms (under the implementing technical standards on investment firms reporting).

    May 10, 2021 WebPage Regulatory News
    News

    APRA to Finalize Capital Adequacy Standard Revisions by January 2022

    Asia Pacific Australia Banking APS 111 Capital Adequacy Regulatory Capital Basel RBNZ APRA

    May 10, 2021 WebPage Regulatory News
    News

    ESMA Issues Guidelines on Outsourcing to Cloud Service Providers

    ESMA published the final guidelines on outsourcing to cloud service providers.

    May 10, 2021 WebPage Regulatory News
    News

    EBA Publishes Data on Deposit Guarantee Schemes

    EBA published annual data for two key concepts and indicators in the Deposit Guarantee Schemes (DGS) Directive—available financial means and covered deposits.

    May 10, 2021 WebPage Regulatory News
    News

    OSFI Sets Out Plan for Future Guidance on Managing Technology Risk

    OSFI has set out the schedule for release of draft guidance on the management of technology risks by federally regulated financial institutions and private pension plans.

    May 10, 2021 WebPage Regulatory News
    News

    MAS Updates Housing Loan Rules, Proposes Corporate Governance Guidance

    MAS updated rules for new housing loans by banks and finance companies.

    May 10, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6964