On January 31, 2022, the CFTC’s Division of Data issued no-action relief with respect to the compliance deadlines associated with the November 2020 amendments to its swap data reporting requirements. In response to concerns that affected firms needed additional time to address operational and technological issues to comply with the amended rules, the Division of Data stated that it would not recommend enforcement against an entity for: (i) failure to comply with the amendments to the rules before December 5, 2022 and (ii) failure to comply with the amendments to the post-initial cap size and block trade and large notional off-facility swaps rules before December 4, 2023, provided in each case that the entity complies with the swap data reporting rules that were in effect on January 1, 2021.