Title 17
SECTION 50.26
50.26 Swap clearing requirement compliance dates.
§ 50.26 Swap clearing requirement compliance dates.(a) Compliance dates for interest rate swap classes. The compliance dates for swaps that are required to be cleared under § 50.4(a) are specified in the following table.
Table 1 to Paragraph (a)
| Swap asset class | Swap class subtype | Currency and floating rate index | Stated termination date range | Clearing requirement compliance date |
|---|---|---|---|---|
| Interest Rate Swap | Fixed-to-Floating | Euro (EUR) EURIBOR | 28 days to 50 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Fixed-to-Floating | Sterling (GBP) LIBOR | 28 days to 50 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Fixed-to-Floating | U.S. Dollar (USD) LIBOR | 28 days to 50 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Fixed-to-Floating | Yen (JPY) LIBOR | 28 days to 50 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Fixed-to-Floating | Australian Dollar (AUD) BBSW | 28 days to 30 years | All entities December 13, 2016. |
| Interest Rate Swap | Fixed-to-Floating | Canadian Dollar (CAD) CDOR | 28 days to 30 years | All entities July 10, 2017. |
| Interest Rate Swap | Fixed-to-Floating | Hong Kong Dollar (HKD) HIBOR | 28 days to 10 years | All entities August 30, 2017. |
| Interest Rate Swap | Fixed-to-Floating | Mexican Peso (MXN) TIIE-BANXICO | 28 days to 21 years | All entities December 13, 2016. |
| Interest Rate Swap | Fixed-to-Floating | Norwegian Krone (NOK) NIBOR | 28 days to 10 years | All entities April 10, 2017. |
| Interest Rate Swap | Fixed-to-Floating | Polish Zloty (PLN) WIBOR | 28 days to 10 years | All entities April 10, 2017. |
| Interest Rate Swap | Fixed-to-Floating | Singapore Dollar (SGD) SOR-VWAP | 28 days to 10 years | All entities October 15, 2018. |
| Interest Rate Swap | Fixed-to-Floating | Swedish Krona (SEK) STIBOR | 28 days to 15 years | All entities April 10, 2017. |
| Interest Rate Swap | Fixed-to-Floating | Swiss Franc (CHF) LIBOR | 28 days to 30 years | All entities October 15, 2018. |
| Interest Rate Swap | Basis | Euro (EUR) EURIBOR | 28 days to 50 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Basis | Sterling (GBP) LIBOR | 28 days to 50 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Basis | U.S. Dollar (USD) LIBOR | 28 days to 50 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Basis | Yen (JPY) LIBOR | 28 days to 30 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Basis | Australian Dollar (AUD) BBSW | 28 days to 30 years | All entities December 13, 2016. |
| Interest Rate Swap | Forward Rate Agreement | Euro (EUR) EURIBOR | 3 days to 3 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Forward Rate Agreement | Sterling (GBP) LIBOR | 3 days to 3 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Forward Rate Agreement | U.S. Dollar (USD) LIBOR | 3 days to 3 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Forward Rate Agreement | Yen (JPY) LIBOR | 3 days to 3 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| Interest Rate Swap | Forward Rate Agreement | Polish Zloty (PLN) WIBOR | 3 days to 2 years | All entities April 10, 2017. |
| Interest Rate Swap | Forward Rate Agreement | Norwegian Krone (NOK) NIBOR | 3 days to 2 years | All entities April 10, 2017. |
| Interest Rate Swap | Forward Rate Agreement | Swedish Krona (SEK) STIBOR | 3 days to 3 years | All entities April 10, 2017. |
| Interest Rate Swap | Overnight Index Swap | Euro (EUR) EONIA | 7 days to 2 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| 2 years + 1 day to 3 years | All entities December 13, 2016. | |||
| Interest Rate Swap | Overnight Index Swap | Sterling (GBP) SONIA | 7 days to 2 years | Category 1 entities March 11, 2013. |
| All non-Category 2 entities June 10, 2013. | ||||
| Category 2 entities September 9, 2013. | ||||
| 2 years + 1 day to 3 years | All entities December 13, 2016. | |||
| Interest Rate Swap | Overnight Index Swap | U.S. Dollar (USD) FedFunds | 7 days to 2 years | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. |
| Category 2 entities September 9, 2013. | ||||
| 2 years + 1 day to 3 years | All entities December 13, 2016. | |||
| Interest Rate Swap | Overnight Index Swap | Australian Dollar (AUD) AONIA-OIS | 7 days to 2 years | All entities December 13, 2016. |
| Interest Rate Swap | Overnight Index Swap | Canadian Dollar (CAD) CORRA-OIS | 7 days to 2 years | All entities July 10, 2017. |
(b) Compliance dates for credit default swap classes. The compliance dates for swaps that are required to be cleared under § 50.4(b) are specified in the following table.
Table 2 to Paragraph (b)
| Swap asset class | Swap class subtype | Indices | Tenor | Clearing requirement compliance date |
|---|---|---|---|---|
| Credit Default Swap | North American untranched CDS indices | CDX.NA.IG | 3Y, 5Y, 7Y, 10Y | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. Category 2 entities September 9, 2013. |
| Credit Default Swap | North American untranched CDS indices | CDX.NA.HY | 5Y | Category 1 entities March 11,
2013. All non-Category 2 entities June 10, 2013. Category 2 entities September 9, 2013. |
| Credit Default Swap | European untranched CSD indices | iTraxx Europe | 5Y, 10Y | Category 1 entities April 26,
2013. Category 2 entities July 25, 2013. |
| All non-Category 2 entities October 23, 2013. | ||||
| Credit Default Swap | European untranched CSD indices | iTraxx Europe Crossover | 5Y | Category 1 entities April 26,
2013. Category 2 entities July 25, 2013. All non-Category 2 entities October 23, 2013. |
| Credit Default Swap | European untranched CSD indices | iTraxx Europe HiVol | 5Y | Category 1 entities April 26,
2013. Category 2 entities July 25, 2013. All non-Category 2 entities October 23, 2013. |