(1) The swap trading relationship documentation shall be in writing and shall procedures, rules, and inputs, for determining the value of each swap at any time Section 4s(i)(1) requires swap dealers and major swap participants to “conform with such standards as may be prescribed by the Commission by rule or regulation The final rules regarding swap trading relationship documentation requirements do not apply to swaps that: (1) were executed prior to the compliance date of the Swap trading relationship documentation for documenting their trading Title 17 - Commodity and Securities Exchanges Chapter I - COMMODITY FUTURES TRADING COMMISSION Part 23 - SWAP DEALERS AND MAJOR SWAP 29 Mar 2013 On March 22, the International Swaps and Derivatives Association from the rules for Swap Trading Relationship Documentation (STRD). 19 Dec 2018 SEC Proposes Rules Requiring the Application of Risk Mitigation and setting forth requirements for documenting swap trading relationships.
21 Feb 2019 reconcile outstanding security-based swaps (SBS) with applicable Exceptions to the Trading Relationship Documentation Requirements.
The Swap Trading Relationship documentation from SDs and MSPs must include the parties that have agreed on the process for determining the value of each swap, at any time from the execution to the termination, maturity, or expiration of the swap. that the Commission shall adopt rules governing documentation standards for SDs and MSPs. Swaps and swap trading relationship documentation are contractual arrangements that necessarily involve more than a single party. The Commission believes that the statutory requirement that the Commission adopt rules governing documentation Proposed § 23.504(b)(4) required that the swap trading relationship documentation of each SD and MSP with their counterparties include an agreement in writing on the methods, procedures, rules, and inputs for determining the value of each swap at any time from execution to the termination, maturity, or expiration of such swap. In order to comply with rules adopted by the CFTC under Title VII of Dodd-Frank that implement new requirements for Swap trading relationship documentation between CFTC-regulated entities (i.e., swap dealers (“SDs”) and major swap participants (“MSPs”)) and their counterparties (such regulations, the “STRD Rules”)., CFTC-regulated entities may need to supplement existing documentation or enter written agreements that provide for, among other things, the terms governing the
16 Jun 2014 Under these rules, SDs and MSPs must adhere to certain standards for the maintenance of swap trading relationships documentation for all
31 May 2013 By May 1, 2013, swap counterparties were required to comply with the ISDA amend their existing swap documentation, to comply with CFTC rules portfolio reconciliation and swap trading relationship documentation (as 20 Sep 2013 comprehensive regulation of swaps.2 Dodd-Frank states, however, swaps; (iii) trade execution; (iv) swap trading relationship documentation; (4) The swap trading relationship documentation between swap dealers, between major swap participants, between a swap dealer and major swap participant, between a swap dealer or major swap participant and a financial entity, and, if requested by any other counterparty, between a swap dealer or major swap participant and such counterparty, shall include written documentation in which the parties agree on the process, which may include any agreed upon methods, procedures, rules, and inputs Require that the security-based swap trading relationship documentation be in writing, and that it include all terms governing the trading relationship between the SBS Entity and its counterparty, including, without limitation, terms addressing payment obligations, netting of payments, events of default or other termination events, calculation and netting of obligations upon termination, transfer of rights and obligations, governing law, valuation, and dispute resolution.
31 May 2013 Swap Trading Relationship Documentation. Pursuant to Regulation 23.501, swap dealers and major swap participants (“SDs and MSPs”) must.
15 May 2015 (iii) the swap trading relationship documentation requirements under Commission regulation 23.504. 9. With the exception of no-action relief for 21 Feb 2019 reconcile outstanding security-based swaps (SBS) with applicable Exceptions to the Trading Relationship Documentation Requirements. 8 Jan 2014 provisions of Daily Trading Records (regulation 23.202); certain provisions of Swap Trading Relationship Documentation (regulation 23.504). 11 Jan 2018 The approved rules, detailed in CFTC 17 CFR Subpart F, impose sweeping record Trade reconstruction imposes a new standard on swap entities, each swap is subject, including swap trading relationship documentation
Swap trading relationship documentation must be in writing and must include all terms governing the trading relationship between the SD or MSP and its counterparty, including, without limitation, terms addressing: • Payment obligations. • Netting of payments. • Events of default. • Other termination events.
3 Apr 2014 CFTC rules pertaining to trade confirmation, portfolio reconciliation, portfolio compression, and swap trading relationship documentation, which