Regulatory Alerts2019-12-30 | 2019-28052Margin and Capital Requirements for Covered Swap Entities
The OCC, Board of Governors of the Federal Reserve System, FDIC, FCA, and FHFA are reopening the comment period for their proposed rulemaking on margin and capital requirements for covered swap entities. The agencies granted this extension to allow interested parties additional time to analyze and comment on amendments regarding legacy swaps, inter-affiliate transactions, and initial margin compliance periods. The new comment period runs from December 9, 2019, to January 23, 2020.
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