Request for no-action for swaps cleared through exempt/no-action DCOs

Request for no-action relief regarding the Part 45 regulations addressing the treatment of swaps cleared or intended for clearing through clearing agencies with are exempt DCOs or have similar no-action relief from the obligation to register as a DCO.

If granted, the relief would bridge the gap between the Part 45 regulations and the Part 45 obligations specified in the relevant exemption orders and no-action relief.

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