Bankowość · 30/11/2015

OCC, Board, FDIC, FCA, and FHFA Adopt Interim Final Rule Exempting Certain Non-Cleared Swaps from Margin Requirements

The OCC, Board, FDIC, FCA, and FHFA are adopting an interim final rule that exempts certain non-cleared swaps and non-cleared security-based swaps with qualifying counterparties from initial and variation margin requirements under the Dodd-Frank Act, as part of implementing the Terrorism Risk Insurance Program Reauthorization Act of 2015.