The CFTC Division of Swap Dealer and Intermediary Oversight granted time-limited no-action relief to Japanese-regulated swap dealers from the timing requirements relating to posting and collection of variation margin.
ISDA added a Japanese jurisdictional module to its Resolution Stay Jurisdictional Modular Protocol. The new module is intended to facilitate compliance with Japanese regulations that require contractual stays to be included in certain financial contracts that are not governed by Japanese law.
The Hong Kong Securities and Futures Commission granted CME Group authorization to provide OTC clearing and settlement services and to serve as a central counterparty in the territory. CME also obtained full recognition as a foreign central counterparty in Mexico.