A Regulation Timeline But Still No Certainty

October 2011, International Treasurer
By Mike Ashby

Recently regulators gave a first glimpse into the timeline for when market participants will have to comply with new rules that promise to transform the over-the-counter derivatives market. On September 8, 2011, the Commodity Futures Trading Commission (CFTC) held an open meeting where they proposed a tentative schedule for implementation of key rules that will be finalized in the coming months. The rules relate to the implementation and compliance schedule for (1) the central clearing and trading requirements for swaps and (2) the trading documentation for swaps and margining requirements for non-cleared swaps executed with non-bank swap dealers.

This article by Chatham’s Mike Ashby reviews the first glimpse of compliance deadlines for the new derivatives regulations. International Treasurer (iTreasurer) covers Corporate treasury management, cash management and financial risk management news.

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