Market regulation · 26/07/2013

CFTC Finalizes Interpretive Guidance and Policy Statement on Swap Regulations

The Commodity Futures Trading Commission (CFTC) has finalized its interpretive guidance and policy statement on compliance with swap regulations, addressing public comments and making modifications to clarify certain aspects. The guidance covers topics such as the definition of a U.S. person, swap dealer registration, and the treatment of foreign branches of U.S. banks and non-U.S. counterparties guaranteed by U.S. persons.