Dealers working to keep Asian entities outside Dodd-Frank

barbed-wire-and-wooden-fence-in-field

US and non-US banks in Asia are working to minimise the potential impact of the Dodd-Frank Act by re-organising their operations to minimise trading with US counterparties in the region.

The shift is in response to proposed guidance on the cross-border application of Dodd-Frank, published by the Commodity Futures Trading Commission (CFTC) in June. Under those guidelines, foreign entities must register as non-US swap dealers if they exceed a minimum notional amount of swap dealing activity -

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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: