Bankowość · 21/02/2018
Regulatory Agencies Propose Amendments to Swap Margin Requirements
The Federal Reserve Board, Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Financial Conduct Authority (FCA), and Federal Housing Finance Agency (FHFA) are seeking public comment on proposed changes to the minimum margin requirements for certain financial institutions, in response to new rules restricting non-cleared swaps and other financial contracts, known as Covered QFCs.