---
kind: "section"
citation: "17 C.F.R. § 50.75"
title: "17"
number: "50.75"
heading: "Swaps entered into by central banks or sovereign entities."
url: "https://uscodex.org/cfr/17/50.75"
---

# §50.75. Swaps entered into by central banks or sovereign entities.


Swaps entered into by a central bank or sovereign entity shall be exempt from the clearing requirement of [section 2(h)(1)(A)](/cfr/17/2.md?p=h-1-A) of the Act.

- (a) For the purposes of this section, the term central bank means a reserve bank or monetary authority of a central government (including the Board of Governors of the Federal Reserve System or any of the Federal Reserve Banks) or the Bank for International Settlements.
- (b) For the purposes of this section, the term sovereign entity means a central government (including the U.S. Government), or an agency, department, or ministry of a central government.

## Notes

### Source

Source: 85 FR 76448, Nov. 30, 2020, unless otherwise noted.

### Authority

Authority: 7 U.S.C. 2(h), 6(c), and 7a-1, as amended by Pub. L. 111-203, 124 Stat. 1376.

### Source

Source: 77 FR 44455, July 30, 2012, unless otherwise noted.