The CFTC amended an Order that exempts eight Singapore-based trading platforms from swap execution facility registration.
The exemption comes in response to a request from the Monetary Authority of Singapore ("MAS") pursuant to a previously issued CFTC Order, applicable to five other Singapore-based trading platforms, that permitted MAS to request additional exemptions on an ongoing basis. A full list of the exempted platforms can be found here.
Primary Sources
- CFTC Order: Amended Appendix A to CEA Section 5h(g) Order
- CFTC Press Release: CFTC Exempts Additional Singapore Recognized Market Operators from SEF Registration Requirements
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
