Market regulation · 27/12/2013

Commodity Futures Trading Commission Determines Certain Entity-Level Requirements for Hong Kong

The Commodity Futures Trading Commission has analyzed and determined certain requirements for Hong Kong Monetary Authority's request regarding comparability with swap dealers and major swap participants. The Commission has found that Hong Kong laws and regulations provide a sufficient basis for an affirmative finding of comparability with respect to internal business conduct requirements such as chief compliance officer, risk management, and swap data recordkeeping.