Risk on extraterritoriality

Asia globe

The Commodity Futures Trading Commission (CFTC) published its long-awaited cross-border guidance on July 12 – a year after it released its initial guidance.

The guidance outlines how the Dodd-Frank Act applies across borders, and sets out the definition of US person, as well as the treatment for non-US swap dealers, non-US swap participants and foreign branches of US banks.

Central to the guidance is the concept of substituted compliance, which allows non-US swap entities to apply foreign rules

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.


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