Summary of Reporting Party determination hierarchy under the CFTC’s reporting requirements and the industry agreed best practice approach to parties with the same hierarchical status. Previously published on May 30, 2014, this version reflects the industry agreed approach to reporting party determination for prime brokerage trades and updates the event type matrix to reflect when reporting party is reassessed.
This document was further updated in early 2018 to reflect industry working group agreement that “cancellable swaps” are categorized in Rates as ‘exotic’ for reporting, to help improve consistency of RCP determination for cancellable swaps.
Documents (4) for CFTC Swap Transaction Reporting Party Requirements
- CFTC Reporting Party Requirements updated Mar 12 2018 corrected public(pdf) will open in a new tab or window
- CFTC Reporting Party Requirements updated Mar 12 2018 public(pdf) will open in a new tab or window
- cftc-reporting-party-requirements-updated-apr-2-2015-finaldraft-clean(pdf) will open in a new tab or window
- cftc-reporting-party-requirements-updated-may-30-2014-v3-clean(pdf) will open in a new tab or window
Latest
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Guidance for EU IM Model Application for ISDA SIMM®
ISDA SIMM v2.7+2412 goes into effect on July 12, 2025, triggering the initial application requirement for its continued use by all financial and non-financial EU counterparties exchanging IM calculated using ISDA SIMM®. ISDA is providing guidance to ISDA SIMM users to promote...
Get Ready to Submit EU ISDA SIMM Applications
Last week marked an important milestone for the ISDA Standard Initial Margin Model (ISDA SIMM), as we published the first recalibration under the new semiannual cycle. Agreed in coordination with global regulators, this shift will ensure the ISDA SIMM continues...
SwapsInfo First Quarter of 2025
Interest rate derivatives (IRD) trading activity increased in the first quarter of 2025, driven by elevated interest rate volatility, shifting central bank policy expectations and evolving inflation and growth outlooks. Trading in index credit derivatives also rose, as market participants...