Effective Date and Compliance Deadlines Set for CFTC Amendments to Swap Data Reporting Requirements

Final rule amendments to swap data reporting requirements under CFTC Rules Parts 43, 45, 46 and 49 were published in the Federal Register (see 85 FR 75422, 85 FR 75503 and 85 FR 75601). The effective date for the amendments is January 25, 2021.

Swap data repositories, swap execution facilities, derivatives clearing organizations and reporting counterparties must comply with all amendments by May 25, 2022, with the exception of Rule 43.4(h) ("Swap transaction and pricing data to be publicly disseminated in real-time - cap sizes") and Rule 43.6 ("Block trades and large notional off-facility swaps") which have a compliance date of May 25, 2023.

See related coverage for more information on the background and impact of the adopted changes.