CFTC to simplify route for clearing houses to be exempt DCOs

US regulator will pursue a quicker route to exempt foreign CCPs

cftc-pic-3

The Commodity Futures Trading Commission (CFTC) will issue an order to create a fast track for clearing houses operating under no-action relief rules to gain exempt status and continue to clear for US banks.

Several central counterparties (CCPs) in Asia have been waiting on the US regulator to lay out a plan for them to apply to be an exempt derivatives clearing organisation (DCO) rather than go through the full DCO process as they do not wish to clear for US customers. But matters have been held

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: