CFTC approves start-up SDR ahead of US reporting overhaul

KOR Financial expects 30–50% cost savings as participants prepare to adopt US rule rehash

launch button

The US swaps regulator has approved the first new swaps data repository (SDR) in eight years, as users prepare for the biggest upheaval in reporting standards since Dodd Frank rules were imposed in 2012.

Start-up repository KOR Financial was approved by the Commodity Futures Trading Commission (CFTC) on March 30 for regulatory reporting of swaps. The repository is live for testing and the official launch is planned for June, six months before the industry is forced to adopt a wholesale rewrite

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: