Source: http://www.jdsupra.com/legalnews/cftc-extends-compliance-dates-for-end-us-84008/
Timestamp: 2016-08-28 10:25:16
Document Index: 132739222

Matched Legal Cases: ['art 43', 'art 45', 'art 45', 'art 43', 'art 45', 'art 45', 'art 46', 'art 43', 'art 45', 'art 45', 'art 46']

CFTC Extends Compliance Dates For End User Swap Reporting | Stinson Leonard Street - Dodd-Frank and the Jobs Act - JDSupra
(i) For interest rate swaps and credit swaps, non-financial swap counterparties are not required to be in compliance with the Part 43 (real-time) or Part 45 (swap data) requirements until 12:01 a.m. eastern time on July 1, 2013—on condition that, by 12:01 a.m. eastern time on August 1, 2013, the non-financial swap counterparty “backload” and report to a swap data repository (SDR) all transaction data for the period from April 10, 2013, to July 1, 2013 that the non-financial swap counterparty would have been required to report pursuant to Part 45 in the absence of the no-action relief;
(ii) For “other commodity” swaps (including energy, agricultural, and metals swaps), equity swaps, and foreign exchange swaps, non-financial swap counterparties are not required to be in compliance with the Part 43 (real-time) or Part 45 (swap data) requirements until 12:01 a.m. eastern time on August 19, 2013—on condition that, by 12:01 a.m. eastern time on September 19, 2013, the non-financial swap counterparty “backload” and report to an SDR all transaction data, for the period from April 10, 2013, to August 19, 2013, that the non-financial swap counterparty would have been required to report pursuant to Part 45 in the absence of the no-action relief;
(iii) For all swap asset classes, non-financial swap counterparties are not be required to be in compliance with the Part 46 (historical swap) requirements until 12:01 a.m. eastern time on October 31, 2013. “Historical swaps” will still only include swaps entered into prior to 12:01 a.m. on April 10, 2013.
(i) For interest rate swaps and credit swaps, the compliance date for financial swap counterparties remains April 10, 2013;
(ii) For “other commodity” swaps, equity swaps, and foreign exchange swaps, financial swap counterparties are not required to be in compliance with the Part 43 (real-time) or Part 45 (swap data) requirements until 12:01 a.m. eastern time on May 29, 2013—on condition that, by 12:01 a.m. eastern time on June 29, 2013, the financial swap counterparty “backload” and report to an SDR all transaction data, for the period from April 10, 2013, to May 29, 2013, that the financial swap counterparty would have been required to report pursuant to Part 45 in the absence of the no-action relief;
(iii) For all swap asset classes, financial swap counterparties are not be required to be in compliance with the Part 46 (historical swap) requirements until 12:01 a.m. eastern time on September 30, 2013.