OTC Derivatives Clearing Summit: Some non-US dealers leaving buy-side trades unreported


Some buy-side firms have discovered that non-US banks – particularly Scandinavian institutions – are not reporting their clients' over-the-counter swap data to repositories as required by the Dodd-Frank Act. The banks have not registered as swap dealers with the Commodity Futures Trading Commission (CFTC), and argue they are not subject to the rules. That has left their clients in a bind because buy-side firms expect their dealer counterparties to satisfy the reporting requirements.

"We first

To continue reading...

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: