{"id":14419,"date":"2013-04-10T06:02:30","date_gmt":"2013-04-10T06:02:30","guid":{"rendered":"https:\/\/wordpress-693215-2610341.cloudwaysapps.com\/index.php\/2013\/04\/10\/cftc-provides-no-action-relief-from-sdr-requirements-to-swap-counterparties-that-are-not-sd-or-msp\/"},"modified":"2013-04-10T06:02:30","modified_gmt":"2013-04-10T06:02:30","slug":"cftc-provides-no-action-relief-from-sdr-requirements-to-swap-counterparties-that-are-not-sd-or-msp","status":"publish","type":"post","link":"https:\/\/theotcspace.com\/cftc-provides-no-action-relief-from-sdr-requirements-to-swap-counterparties-that-are-not-sd-or-msp\/","title":{"rendered":"CFTC Provides No-Action Relief from SDR Requirements to Swap Counterparties that are not SD or MSP"},"content":{"rendered":"
Yesterday, the CFTC<\/a> provided a no-action relief to all swap counterparties not being an SD or MSP that they do not need to report trades to a swap data repository. The relief runs until end-May, end-July, end-September and end-October respectively depending on the counterparty's status as well as the relevant instrument type. It is being differentiated between "financial entities" and "non-financial entities," with non-financial entities getting more time. The CFTC also makes a distinction between asset classes with respect to relief for Part 43 and Part 45 reporting requirements. Details can be gleaned from the press release<\/a>. Interestingly, State Street yesterday also send out an email to interested parties, the content of which can be found here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Yesterday, the CFTC provided a no-action relief to all swap counterparties not being an SD or MSP that they do not need to report trades to a swap data repository. … <\/p>\n