Japan seeks changes to Dodd-Frank extraterritoriality on swaps

bank-of-japan-ext

The Bank of Japan and Financial Services Agency (FSA) of the Government of Japan have asked the US Commodity Futures Trading Commission (CFTC) to tone down its rules regarding the extraterritoriality of US derivatives regulations and defer the application of rules on cross-border transactions for at least a year.

The Japanese central bank and supervisory agency made the request in a letter sent to CFTC chairman Gary Gensler on August 13. The letter was published on the central bank's website

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.