Events listed in [FR] Federal Register
Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
ID 24582
Following the notification by the US Commodity Futures Trading Commission (CFTC) in July this year (please see EventID #22513), the Commission has now published in the Federal Register its proposed rule to amend Statutory Instrument 17 CFR Part 23 to change the margin requirements for uncleared swaps, specifically those pertaining to swap dealers (SDs) and major swap participants (MSPs) not under the oversight of ...
Mali Sanctions Regulations
ID 24575
As previously announced by the Office of Foreign Assets Control, OFAC (please see EventID 22399 in this context), the U.S. Department of the Treasury has now published in the Federal Register its final rule to replace Statutory Instrument 31 CFR Part 555 relating to sanction regulations with respect to Mali in its entirety. #### Background The statutory instrument was quickly implemented in abbreviated form ...
Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
ID 24571
Following the announcement of finalized regulation concerning the publication of information on cybersecurity incidents by public companies and on policies and procedures that firms have in place to manage related risks (please see EventID 22504 in this context for a detailed description of the final regulation), the Securities and Exchange Commission (SEC) has now published this final rule in the Federal Register. In brief, ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 24564
On August 4, 2023, the U.S. Securities and Exchange Commission (SEC) published in the Federal Register (FR) its decision to approve proposed rule changes requested by the Financial Industry Regulatory Authority (FINRA) to permit the holding of hearings before the Office of Hearing Officers (OHO) and the National Adjudicatory Council (NAC) via video conferences. Specifically, this measure was temporarily introduced during the COVID-19 pandemic ...
Regulation A: Extensions of Credit by Federal Reserve Banks
ID 24541
The Board of Governors of the Federal Reserve System (FED) has made a publication in the Federal Register to announce the adoption of final amendments to its Regulation A to increase the rate for primary credit (overnight credit) at each Federal Reserve Bank. The secondary credit rate for those institutions not qualifying for the primary rate is thereby increased implicitly as well by a ...
Regulation D: Reserve Requirements of Depository Institutions
ID 24540
The Board of Governors of the Federal Reserve System (FED) has published in the Federal Register modifications to Regulation D – Reserve Requirements of Depository Institutions – with immediate effect to adjust the rate of interest on reserve balances (IROB) to 5.40 percent. The new rate represents a 0.25 percentage point increase from the prior level and is applicable to both required and excess ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 24503
The U.S. Securities and Exchange Commission (SEC) has published in the Federal Register its decision of approval of a proposed rule amendment by the Financial Industry Regulatory Authority (FINRA) which the Commission had previously approved already, but for which there was a request for review. The rule modification procedure was subsequently put on hold. **Specifically, the SEC has now finally approved FINRA Rule 4210 ...
Derivatives Clearing Organizations Recovery and Orderly Wind-Down Plans; ...
ID 24475
Following an announcement by the US Commodity Futures Trading Commission (CFTC) in June this year (please see EventID 21565 in this context), the Commission has now published in the Federal Register its proposed rule amendments to Statutory Instrument 17 CFR Part 39 as regards recovery and orderly wind-down plans of systemically important derivatives clearing organizations (SIDCOs) and other Subpart C derivative clearing organizations (DCOs) ...
Proposed Collection; Comment Request: Rule 15c6-2 (SEC seeks comments on ...
ID 24363
In relation to its new rule to shorten the settlement cycle for securities transactions from two business days to one from May 28, 2024 (please see Event ID19797 for more information) , the SEC has now published in the Federal Register its „consultation“ on related „collection“ requirements, including policy creation, maintenance, or (other) recordkeeping obligations of covered firms as briefly discussed below. To recall, ...
Interagency Guidance on Reconsiderations of Value of Residential Real Estate ...
ID 24334
As previously announced in June 2023 (please see EventID 21524 in this context for more information), the five (banking) regulators – including the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve System – have published in the Federal Register their **proposed ...