The CFTC determination that Australia's margin requirements for uncleared swaps are comparable in outcome to the CFTC rules was published in the Federal Register.

As previously covered, the CFTC determination is generally for circumstances where substituted compliance applies under CFTC rules, and does not contain material conditions that would require partial compliance with U.S. rules.

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.