MUFG Securities EMEA plc (“MUFG Securities") is provisionally registered as a Swap Dealer under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“DFA" or “Dodd-Frank").

MUFG Securities EMEA plc's LEI code is: U7M81AY481YLIOR75625

This web page provides information about certain disclosures that MUFG Securities EMEA plc is required to make to its US person clients and certain counterparties when entering into “Swap" transactions, as per the requirements of the DFA.

Please note that these disclosure obligations do not apply to Swap transactions between MUFG Securities EMEA plc and other Swap Dealers, Major Swap Participants, Securities Based Swap Dealers or Securities Based Major Swap Participants.

If you are not a US person as per the CFTC rules and engaged in transactions in DFA Swaps with MUFG Securities, the following may not be applicable to you.

General Disclosures

The materials below are provided to help you understand the factors to consider when entering into Swap transactions and the risks thereof with MUFG Securities.

In the course of dealing and trading with MUFG Securities, you shall be deemed to have read, understood and agreed to the disclosures listed herein each time you trade a Swap with MUFG Securities.

Link to ISDA General disclosures pages

Material Risk Disclosure Documents

The General Disclosure Statement describes the material characteristics of a variety of transactions, the material risks of such transactions, and the typical material incentives and conflicts of interest that might occur in respect thereof.

The General Disclosure statement should be read in conjunction with each of the relevant product-specific disclosure documents listed below (each available on the ISDA website), to be provided to you pursuant to CFTC Regulation 23.431(a)(1).

Below is a list of disclosure documents developed by the International Swaps and Derivatives Association Inc. (“ISDA"), designed to assist registered Swap Dealers in meeting their Dodd-Frank disclosure obligations.

The materials below are referenced to help you understand the factors to consider when entering into Swap transactions and the risks thereof. You will find the full text of these documents here.

  • General Disclosure Statement
  • Disclosure Statement for Commodity Derivative Transactions
  • Disclosure Statement for Foreign Exchange Transactions
  • Disclosure Statement for Interest Rate Transactions
  • Disclosure Statement for Equity Derivative Transactions
  • Disclosure Statement for Credit Derivative Transactions

Link to the ISDA CFTC disclosures pages

Please note that in respect of each Swap transaction you enter into with MUFG Securities EMEA plc, and all interactions between you and MUFG Securities EMEA plc in connection with a transaction or proposed transaction, MUFG Securities EMEA plc is entering into such Swap transaction in its capacity as a counterparty and is not undertaking to assess the suitability of the Swap transaction or trading strategy involving any Swap with you.

You must make your own independent determination as to whether it is appropriate or proper to enter into a Swap transaction with MUFG Securities EMEA plc based on your own independent judgement and upon advice from such advisors as you deem necessary. Nothing provided to you on this web page shall amend or supersede the terms of any written or binding oral agreement between the parties, any related documentation or terms of any business provided or published by MUFG Securities EMEA plc.

The terms “Swap", “US person", “Swap Dealer", “Major Swap Participant", “Securities Based Swap Dealer" and “Securities Based Major Swap Participant" as used herein shall bear the meaning assigned to them by the CFTC.

Client Portal

CFTC in-scope Swap trading clients of MUFG Securities have access to a password protected client portal which enables each client to obtain their daily marks, in addition to the daily marks being auto emailed to the contact email address lodged at on-boarding.

If you have any queries regarding the Client Portal, please contact:

OPS-ClientValuations@int.sc.mufg.jp

Daily Mark Disclosures

MUFG Securities will publish the required DFA daily mark information on the Client Portal, link as above. The Dodd-Frank disclaimer with regard to the daily mark disclosures is located within the client portal.

Scenario Analysis

All clients are able to request Scenario Analysis at any time. If you require Scenario Analysis please contact your Relationship Manager.

LEI Information

If you are a US person you will need to obtain a Legal Entity Identifier (“LEI") to enable MUFG Securities EMEA plc to report Swap transactions to a central Swap data repository on your behalf, as per the reporting hierarchy set out in the CFTC rules. You can obtain an LEI by following the instructions published here.

Complaints

In the event you wish to make a complaint, please contact your Relationship Manager.