Reporting rules key for EU-US swaps trading equivalence

Market participants welcome outcomes-based approach, but need clarity where rules differ

Every which way: “The best we can say right now is that this is an agreement to agree" – Nathaniel Lalone

Market participants have welcomed the announcement by the European Commission (EC) and US Commodity Futures Trading Commission (CFTC) of a common approach to swaps trading venue authorisation, but say a final equivalence determination – expected in November – will need detail on reporting requirements to resolve uncertainty.

“The best we can say right now is that this is an agreement to agree. It sounds wonderful, it is a step forward, but we need more steps forward to get to the level of

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:

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

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: