The Commodity Futures Trading Commission will keep the swap dealer de minimis threshold at $8 billion at least through the end of 2019, Chairman Chris Giancarlo told the House Agriculture Committee today.
As part of its ongoing response to President Trump’s executive order outlining core principles for financial regulation, the Treasury Department issued an extensive report today outlining recommended regulatory changes to maintain the vibrancy of U.S. capital markets.
The FDIC today finalized restrictions on qualified financial contracts — such as derivative transactions, repurchase…
Commercial banks reported total trading revenue of $6.7 billion in the second quarter of 2017,…
ABA staff recently met with officials at the Treasury Department, which is in the process of issuing recommendations related to capital markets regulatory reform in response to President Trump’s executive order on core principles for financial regulation.
The number of banks using derivatives to manage interest rate risk could increase significantly as a result of a new hedge accounting standard issued by the Financial Accounting Standards Board today.
The Federal Reserve today asked for public comment on a proposal for the Federal Reserve Bank of New York to publish three new reference rates for use in U.S. dollar derivatives and financial contracts.
The federal regulatory agencies today issued joint guidance on the regulatory capital treatment of certain centrally cleared derivative contracts in light of recent changes to the rulebooks of certain central counterparties.
The U.K.-based Financial Conduct Authority today announced that the London Interbank Offer Rate, or Libor, will continue to be supported by reporting banks until the end of 2021.