In extending the no-action relief granted in CFTC Letter 13-73, the Division of Clearing and Risk (“Division”) will not recommend that the Commission take enforcement action against (i) Japan Securities Clearing Corporation (“JSCC”) for failure to register as a derivatives clearing organization (“DCO”) pursuant to the requirements of Section 5b(a) of the Commodity Exchange Act (“CEA”), or (ii) any qualified clearing participant of JSCC, or a parent or affiliate of such clearing participant, for failure to clear a Japanese yen-denominated interest rate swap that is required to be cleared under Section 2(h)(1)(A) of the CEA, through a registered or exempt DCO. The no-action relief is subject to several conditions.