The recently-enacted Consolidated Appropriations Act, 2016 included amendments to the exemption from swaps mandatory clearing for hedging affiliates in the CEA and SEA. In particular, Section 705 modifies the exemption from mandatory clearing provided to so-called "treasury affiliates" in CEA Section 2(h)(7)(D) ("Mandatory Clearing Requirements for Swaps - Treatment of Affiliates"). The amendments modify the application of the exemption by: removing the requirement that the affiliate be acting as "agent" in the transaction; requiring that the commercial risk must have been actually transferred
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The CFTC Division of Market Oversight granted no-action relief as to swap trade execution requirements related to ICE Clear Europe Ltd. discontinuing CDS clearing services in October 2023.
The Chicago Mercantile Exchange proposed a plan for transitioning swaps referencing USD LIBOR.
In a newly published guide, ISDA addressed questions concerning cross-border trading in light of the deference agreement reached between the CFTC and the European Commission in October 2017.
The CFTC approved a "made-available-to-trade" determination for certain overnight index swaps referencing the Secured Overnight Financing Rate and Sterling Overnight Index Average.