Recordkeeping and Reporting
{"Image DocumentName": "Recordkeeping and Reporting", "Image ImageDescription": "Effective: Recordkeeping April 10, Reporting The sooner of swap dealer registration or April 10, Title VII establishes formalized recordkeeping requirements and reporting obligations to the CFTC. Recordkeeping Requirement: both parties need to maintain records concerning all swaps. Includes trade confirmations and other swap documentation. May be in electronic or in paper form. Duration is maturity of the swap plus five years. Reporting Requirements: one party will be responsible for reporting trade information to a Swap Data Repository (SDR) Creation data: includes the primary economic terms of the swap at, or shortly after, execution. Continuation data: during the life of the swap, updated/changed information, must be reported. PNC, as your swap dealer, will report information regarding uncleared trades done with PNC.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}