No-Action Relief Request: Reporting Requirements for International Swaps (Part 45.3(h))

Request to the CFTC for relief for reporting counterparties who do not provide the “swap identifier” or the “identity of the non-U.S. trade repository” as required by Part 45.3 until the requirement is revised or revoked in order to facilitate alignment with global standard practices and initiatives to aggregate data.

Documents (1) for No-Action Relief Request: Reporting Requirements for International Swaps (Part 45.3(h))

SwapsInfo Full Year 2025 and Q4 2025

Trading activity in interest rate derivatives (IRD) and credit derivatives increased in 2025, reflecting shifting monetary policy expectations and broader market conditions. IRD traded notional rose by about 46% year-on-year, led by an increase in overnight index swaps (OIS). Index...

Maintaining Focus on Basel III Endgame Recalibration

In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...

IRRBB Management in EMDEs

Interest rate risk in the banking book (IRRBB) has become a growing priority for banks and regulators in emerging market and developing economies (EMDEs). As many of these countries face monetary tightening cycles and ongoing macroeconomic volatility, bank balance sheets...