The CFTC's substituted compliance determination relating to Japanese swap margin requirements was published in the Federal Register. The amendment became effective on April 1, 2019.
As previously covered, the new determination updates a previous determination by finding comparability as to (i) the scope of entities subject to margin requirements and (ii) the treatment of inter-affiliate transactions.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.