Browsing: Policy

Compliance and Risk

To facilitate compliance with their rules regarding qualified financial contracts of systemically important banks, the federal banking agencies today finalized a rule clarifying that legacy swaps — those entered into before the margin rules’ compliance dates — do not become subject to margin requirements provided they are amended solely to comply with QFC rules.

Insurance

Illinois Gov. Bruce Rauner last month signed a bill that would fix a state law inadvertently preventing hundreds of thousands of Illinoisans with high-deductible health plans from contributing to their health savings accounts.

Compliance and Risk

The Financial Stability Oversight Council today voted to de-designate Zions Bank as a systemically important financial institution as the bank merges with its holding company.

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