Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

balance scale

Dec 13, 2012

A Corporate End-User’s Handbook for Dodd-Frank Title VII Compliance (Version 2.0)

Subscribe

Jump to...

 

Almost four years after the financial crisis and over two years after the passage of the Dodd Frank Wall Street Reform and Consumer Protection Act, the overhaul of the US derivatives market is rapidly shifting into the implementation phase. Many of the key elements of Dodd Frank relating to OTC derivatives have begun to take effect on October 12, 2012, although the CFTC has delayed implementation of some requirements until the beginning of 2013.

This handbook provides an overview of the key requirements and issues that End Users need to consider as they enter the implementation phase of Dodd Frank. As a reference tool, we have provided a table summarizing the required compliance timeline for the various elements of Dodd Frank that End Users may need to comply with, including recordkeeping and reporting requirements, adopting board resolutions to take advantage of the clearing exception offered to End-Users and amending swap documentation as appropriate.

View full memo, "A Corporate End-User’s Handbook for Dodd-Frank Title VII Compliance (Version 2.0)"

Authors and Contributors

Azam Aziz

Partner

Derivatives & Structured Products

+1 212 848 8154

+1 212 848 8154

New York

Patrick Clancy

Partner

Finance

+44 20 7655 5878

+44 20 7655 5878

London

Thomas Donegan

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5566

+44 20 7655 5566

London

Geoffrey Goldman

Partner

Derivatives & Structured Products

+1 212 848 4867

+1 212 848 4867

New York

Donna Parisi

Partner

Derivatives & Structured Products

+1 212 848 7367

+1 212 848 7367

New York

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Bradley K. Sabel

Of Counsel

Financial Institutions Advisory & Financial Regulatory

+1 212 848 8410

+1 212 848 8410

New York