Swaps & Derivatives Recent Regulatory Highlights

Practical Law Legal Update 0-611-7485 (Approx. 3 pages)

Swaps & Derivatives Recent Regulatory Highlights

by Practical Law Finance

Published on 07 May 2015 • USA (National/Federal)

This Update highlights important 2015 Swaps & Derivatives regulatory developments to date.

At Practical Law, we are constantly expanding and updating our coverage of the latest legal developments in Swaps & Derivatives. So far in 2015, significant regulatory activity has continued in this area, including newly adopted SEC security-based swap (SBS) data reporting rules, scheduled to become effective on May 18, 2015 (see Legal Update, Compliance Dates Set for Security-based Swap Reporting and Recordkeeping).

The following are highlights from Practical Law's Swaps & Derivatives 2015 regulatory coverage to date:

CFTC Issues No-action Letters Reducing Regulatory Burden on SEFs.
SEC Re-proposes Application of Certain Title VII Requirements to Non-US Security-based Swaps on US Soil.
DOL Proposes Carve-out from ERISA Fiduciary Rule for Certain Swap Transactions.
Certain "Replacement" Structured Finance Swaps Exempted from CFTC Business Conduct Rules.
Central Banks Issue New Guidelines for FX Market Conduct.
CFTC Exempts Certain HK-Regulated Firms from US Derivatives Rules.
CFTC Gives More Time for Annual Dodd-Frank CCO Reports.
CFTC Reminder: Upcoming Large-trader Ownership and Control (OCR) Reporting Deadlines.
ISDA Releases Reg-Compliant Margin Model for Uncleared Swaps; New CSA in the Works.
FDIC Proposes Revisions to "Qualifying Master Netting Agreement" and Related Definitions.
SEC Adopts Security-based Swap Reporting and Recordkeeping Regime under Dodd-Frank.
CFTC Extends Relief on Reporting of Certain Prohibited Information under Dodd-Frank Swaps Rules.
Congressional End-user Exemption from Dodd-Frank Swaps Margin Rules of Little Practical Effect.
CFTC Issues CPO Relief for Insurance-linked Securities.
CFTC Considering FX NDF Clearing Mandate, Issues Report.

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