Skip to main content
U.S. flag

An official website of the United States government

Dot gov

The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Return to Comments
Margin and Capital Requirements for Covered Swap Entities (Proposed Rule)
Type: Regulation
Federal Register Document Type: Reproposed
Description:
FCA is seeking comment on a proposed joint rule to establish minimum margin and capital requirements for registered swap dealers, major swap participants, security based swap dealers; and major security based swap participants for which the FCA is a prudential regulator.


Text of Comment Letter

Apologies for a wrongly-typed e-mail address for Farm Credit Administration.

 

Please see the communication below.

 

 

 

From: Shannon Spriggs
Sent: Friday, 12 December 2014 12:34 PM
To: regs.comments@occ.treas.gov; regs.comments@federalreserve.gov; comments@FDIC.gov; RegComments@fhfa.gov; reg-comms@fca.gov; jlawton@cftc.gov; tsmith@cftc.gov; rmartinez@cftc.gov; fkuo@cftc.gov; skane@cftc.gov
Cc: Baume, Andrew; Grover, Amit; Stephen Bower; Suzanne Calcagno (RMG); Daniel Feit
Subject: Margin and Capital Requirements for Covered Swap Entities, RIN 3038-AC97, Docket ID OCC-2011-0008/RIN 1557-AD43, Docket No. R-1415/RIN 7100-AD74, RIN 3064-AE21, RIN 2590-AA45, RIN 3052-AC69

 

Please see attached a submission in relation to the margin rules proposed by US prudential regulators, and the margin rules proposed by the CFTC.

 

This is being delivered on behalf of the five Australian institutions provisionally registered with the CFTC as swap dealers, who are named below.

 

We apologise for its lateness, and would very much appreciate if such submission nevertheless received consideration.

 

We are grateful for the opportunity to make this submission.

 

If you would like to contact this group of swap dealers about this submission, or any individual swap dealer, I or any copy addressee would be pleased to arrange this.

 

 

On behalf of:

 

Australia and New Zealand Banking Group Ltd

 

Commonwealth Bank of Australia

 

Macquarie Bank Limited

 

National Australia Bank Limited

 

Westpac Banking Corporation

 

 

 

 

 

 

 

Shannon Spriggs | Division Director | Legal Risk Management
Fixed Income, Currencies and Commodities (FICC) | Macquarie Group Limited
Level 1, 50 Martin Place, Sydney NSW 2000 Australia
T +61 2 8232 1873 I F +61 2 8232 4540 I E
shannon.spriggs@macquarie.com
www.macquarie.com
 

 

cid:image001.png@01CED614.AEDA38B0 

 

This message is confidential and subject to important disclaimers at: www.macquarie.com/disclosures. Any views or opinions expressed are the author's own and may not reflect the views or opinions of Macquarie. If you are not the intended recipient, you must not use the information in this message in any way, please delete this message and notify the sender immediately. Macquarie does not guarantee that messages or attached files transmitted electronically (sent or received) are secure or free of errors or viruses. No confidentiality or privilege is waived or lost by any transmission errors. Macquarie reserves the right, to the extent permitted by law, to monitor and retain electronic messages.

 

Attachments: