The CFTC proposed an Order to provide substituted compliance for capital requirements applicable to nonbank swap dealers organized and domiciled in Japan.
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The CFTC's Division of Clearing and Risk extended no-action relief from DCO registration to a Chinese clearing house, for purposes of clearing swaps of proprietary accounts of their clearing members and affiliates.
The CFTC Market Participants Division staff provided financial reporting relief to nonbank swap dealers in Australia and Singapore.
The CFTC Division of Market Oversight and Market Participants Division extended no-action relief to swap dealers and granted an exemption to certain trading facilities from registering with the CFTC as swap execution facilities in connection with Brexit.
The CFTC staff provided temporary capital and financial reporting relief to non-bank swap dealers domiciled in Japan, Mexico, the United Kingdom and the European Union.