Market regulation · 03/04/2019

CFTC Determines Australia's Margin Requirements for Uncleared Swaps Comparable to US Regulations

The Commodity Futures Trading Commission (CFTC) has determined that Australia's laws and regulations provide a sufficient basis for an affirmative finding of comparability with respect to margin requirements for uncleared swaps for swap dealers and major swap participants registered with the CFTC. The CFTC found the margin requirements for uncleared swaps under Australian laws and regulations comparable to those under the Commodity Exchange Act (CEA) and CFTC regulations.