On September 10, 2014, the CFTC published a report of the OTC Derivatives  Regulators Group (“ODRG”) to the G20 on cross-border implementation issues.  The ODRG report is an update on its March 2014 report and confirms that the  ODRG are continuing to work (i) to develop approaches to the treatment of  branches and affiliates and to organized trading platforms; and (ii) on reaching  understandings on equivalence and substituted compliance, the clearing  determination, risk mitigation techniques for non-cleared derivatives and barriers  to reporting to trade repositories relating to data protection. The ODRG intends to  provide an updated report in advance of the G20 Leaders Summit in  November this year.

The report is available at:

http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/oia_odrgrepo rtg20_0914.pdf