Off-facility non-cleared swaps

Off-Facility Swaps that are not clearing swaps 

To ensure that all Swap Transaction and Pricing Data and Swap Data for an Off-Facility Swap that is not a clearing swap is reported to a single Swap Data Repository:

a.            56=The Reporting Counterparty shall report all Swap Transaction and Pricing Data and required swap creation data to a single Swap Data Repository. ASATP after execution, the Reporting Counterparty shall transmit to the other counterparty to the swap, and to the DCO, if any, that will clear the swap, the identity of the Swap Data Repository to which such data is reported.

b.     Thereafter, all Swap Transaction and Pricing Data, required swap creation data, and required swap continuation data for the swap shall be reported to the same Swap Data Repository, unless the Reporting Counterparty changes the Swap Data Repository to which such data is changed to another SDR.

References: CFTC Rule(s) §45.10(b), 45.10(b)(1), and 45.10(b)(2).