Page 43 - 期货和衍生品行业监管动态（2024年4月）

期货和衍生品行业监管动态

特别是，最终规则修改了 CFTC 联邦法规第 37.6(b)条，使互换执行设施能

够通过援引的方式将交易对手方之间在先协商的基础协议条款纳入未中央清算

的互换交易确认书中，而不要求获得该在先协商的基础协议。

最终规则修改了 CFTC 联邦法规第 37.6(b)条，要求在互换执行设施进行的

未中央清算和中央清算互换交易在执行成交后“只要技术可行”就进行交易确认。

最终规则关于 CFTC 联邦法规第 37.6(b)条的修订，还明确规定基于 CFTC 联邦

法规第 37.6(b)条的互换执行设施所提供的交易确认书具有优先于在先协议中相

冲突条款的法律效力，而不是整个协议。

此外，最终规则对 CFTC 联邦法规第 23.501(a)(4)(i)条进行了相应的调整，

以与 CFTC 联邦法规第 37.6(b)条的修改保持一致。最后，最终规则对 CFTC 联

邦法规第 37.6(a)-(b)条进行了某些非实质性的修改，以增强其清晰度。

最终规则将在《联邦公报》上公布后 30 日后生效。最终规则生效后，CFTC

不行动信函第 17-17 号将失效。

CFTC Approves Final Rules on Swap Confirmation Requirements for SEFs

(2024/4/23)

The Commodity Futures Trading Commission (CFTC) approved final rules to

amend its swap execution facility (SEF) regulations related to uncleared swap
confirmations to address issues which have been addressed in CFTC staff no-action

letters, including the most recent CFTC No Action Letter No. 17-17, as well as

associated conforming and technical changes.

In particular, the final rules amend CFTC Regulation 37.6(b) to enable SEFs to

incorporate terms of underlying, previously negotiated agreements between the

counterparties by reference in an uncleared swap confirmation without being required

to obtain such underlying, previously negotiated agreements.

Further, the final rules amend CFTC Regulation 37.6(b) to require such

confirmation to take place “ as soon as technologically practicable ” after the

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