Events listed in United States
Interest Rate Risk: Interest Rate Risk Statistics Report
ID 25395
On October 19, 2023, the Office of the Comptroller of the Currency (OCC) issued a press statement to inform that it has published its latest Interest Rate Risk (IRR) Statistics Report which is released semi-annually and based on data gathered during „examinations of OCC-supervised midsize and community banks and federal savings associations“. The report does not reflect any expectations of the OCC, but rather ...
Issuance of Venezuela-related General Licenses and Associated Frequently Asked ...
ID 25394
Following the signing of an agreement between the United States and the current Maduro regime in Venezuela (details are unfortunately not available), the **Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has issued several new General Licenses (GLs), extended existing General Licenses with modifications, issued new or updated corresponding frequently asked questions (FAQs), and issued a new FAQ paper ...
CFTC Staff Issues No-Action Letter Regarding Certain Block and Cap Amendments
ID 25391
The U.S. Commodity Futures Trading Commission, CFTC, has published a press statement to inform that its Division of Data (DOD) has issued a new no-action relief letter (Staff Letter 23-15) in connection with certain reporting requirements of swap dealers and swap counterparties that would otherwise have to be met by December 4, 2023. To recap, in 2020, the CFTC created a new rule to ...
OCC to Host Symposium on the Tokenization of Real-World Assets and Liabilities
ID 25389
The Office of the Comptroller of the Currency (OCC) has announced an upcoming „Symposium on the Tokenization of Real-World Assets and Liabilities“ at the OCC’s headquarter in Washington, DC on February 8, 2024. The symposium aims to facilitate public discussion on the potential benefits of tokenizing real-world financial assets and liabilities to enhance financial settlement efficiency and reliability. The event will feature a keynote ...
Regulatory Notice 23-16
ID 25386
Following the approval of the Securities and Exchange Commission (SEC) of a proposed rule change requested by the Financial Industry Regulatory Authority (FINRA) with respect to the (non)application of FINRA’s trading activity fee [TAF] towards certain proprietary trading firms (please see EventID 22001 in this context), FINRA has now published Regulatory Notice 23-16 to announce the effective date of the rule change which will ...
Counter Terrorism Designations
ID 25382
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added nine individuals and one firm to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594 and Executive Order 13224) for their engagement in or the financing of terrorist organization Hamas. The following ...
Iran-related Designations; Non-Proliferation Designations; Russia-related ...
ID 25374
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added ten individuals and eight entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations 31 CFR Part 544, 31 CFR Part 561, and Executive Order 13382 for being involved in the facilitation or support of ...
SEC Proposes Rule to Address Volume-Based Exchange Transaction Pricing for NMS ...
ID 25373
The U.S. Securities and Exchange Commission (SEC) has published a press statement to announce an upcoming consultation on proposed new rules for national exchanges as regards the fees they may charge to exchange participants for NMS stock orders. Specifically, in an effort to remove disadvantageous pricing schedules for smaller exchange participants (those with less volume) so as to foster competition among market participants and ...
CFTC Releases Enforcement Advisory on Penalties, Monitors and Admissions
ID 25358
The Division of Enforcement of the U.S. Commodity Futures Trading Commission (CFTC) has released a new advisory aimed at providing guidance to enforcement staff on the Commission’s future approach towards enforcement. This approach has been revised in the past two years to achieve better accountability for regulatory breaches and prevent market misconduct altogether. A particular focus thereby lies on the prevention of recurring violations ...
Treasury Announces Cyber Security Cooperation Memorandum of Understanding with the ...
ID 25344
The U.S. Department of the Treasury has issued a press statement to inform that the Department itself and the Cyber Security Council of the United Arab Emirates (UAE) have finalized a bilateral Memorandum of Understanding (MoU) on cybersecurity cooperation. The MoU is an extension of a partnership established in November 2021 between Deputy Secretary of the Treasury Wally Adeyemo and the UAE aimed at ...