CFTC Extends Comment Period for Proposal on Swap Data Reporting Rules

By Regulatory News

July 22, 2019

Regulatory Reporting: US

The U.S. CFTC announced that it is extending, until October 28, 2019, the comment period for the proposed rulemaking to amend certain CFTC regulations related to swap data reporting. On the request of market participants, CFTC is extending the comment period for this proposal by an additional 90 days, to allow interested persons additional time to analyze the proposal and prepare their comments.The proposed amendments to Parts 23, 43, 45, and 49 of the CFTC regulations would, among other things, update requirements for swap data repositories (SDRs) to verify swap data with reporting counterparties, update requirements to correct swap data errors and omissions, and update and clarify certain SDR operational and governance requirements. The original comment period for the proposed rulemaking was to expire on July 29, 2019.

Comment Due Date: October 28, 2019

Keywords: Americas, US, Banking, Reporting, SDR, Swaps, Governance, Extending Comment Period, CFTC

Featured Experts

EBA Updates List of Common Equity Tier 1 Instruments for EU Entities


News SEC Finalizes Capital and Margin Requirements for Security-Based Swaps SEC adopted a package of rules and rule amendments to establish capital, margin, and segregation requirements for security-based swaps, under Title VII of the Dodd-Frank Act. August 22, 2019 WebPage Regulatory News
News ECB Revises Prudential Provisioning Expectations for New NPEs ECB is revising its supervisory expectations for prudential provisioning of new non-performing exposures (NPEs) specified in the “Addendum to the ECB Guidance to banks on non-performing loans” (Addendum) August 22, 2019 WebPage Regulatory News
News CFTC Proposes to Revise Information Collection on Margin Requirements CFTC is requesting comments on the burdens associated with certain aspects of the Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants (final rule). August 21, 2019 WebPage Regulatory News
News FASB to Delay Effective Date for Insurance Contracts Standard FASB issued a proposed Accounting Standards Update that would grant all insurance companies that issue long-duration contracts, such as life insurance and annuities, additional time to apply the standard that addresses this area of financial reporting. August 21, 2019 WebPage Regulatory News
News EBA Publishes Phase 2 of Technical Package on Reporting Framework 2.9 EBA published phase 2 of its technical package on the reporting framework 2.9, which includes validation rules, Data Point Model (DPM) data dictionary, and XBRL taxonomies. August 21, 2019 WebPage Regulatory News
News FSB Publishes Responses to Its Consultation Related to SME Financing FSB published responses received to the consultation on a report on the evaluation of the effects of financial regulatory reforms on small and medium-sized enterprise (SME) financing. August 21, 2019 WebPage Regulatory News
News APRA Revises Related Entities Standard for Banks APRA published a strengthened prudential standard APS 222 on associations with related entities, with the aim to mitigate contagion risk within banking groups. August 20, 2019 WebPage Regulatory News
News EBA and ESMA Issue Joint Response to EC Letter on Crypto-Assets EBA and ESMA issued a joint response to the EC letter, from July 19, 2019, on crypto-assets. August 20, 2019 WebPage Regulatory News
News FSB on Responses to Consultation on Wind-Down of Trading Portfolios FSB published responses received to the consultation on the solvent wind-down of the derivatives and trading book portfolio of a global systemically important bank (G-SIB). August 19, 2019 WebPage Regulatory News
News FSB Publishes Responses to Consultation on Resolvability Disclosures FSB published responses received to the consultation on disclosures for resolution planning and resolvability of banks. August 19, 2019 WebPage Regulatory News

RESULTS 1 - 10 OF 3681