In its 2022 Annual Report, the Financial Stability Oversight Council offered recommendations touching on (i) digital assets, (ii) climate-related financial risks, (iii) investment fund disclosure, (iv) Treasury markets, (v) cybersecurity and (vi) LIBOR transitions.
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In its Annual Report to Congress, the Office of Financial Research ("OFR") found that risks to U.S. financial stability are "in the medium range overall." OFR said market risk is due to historically high stock prices, but stated that current solvency and leverage risks are low. Cybersecurity was also identified as a high risk. The OFR report addressed these regulatory issues: proposed changes to large bank holding company capital regulation (p. 23); effects of a failed financial firm's derivatives exposures (p. 32); bond market liquidity based on TRACE data and the effects of "all-to-all"
The Board of Governors of the Federal Reserve System will publish three new benchmark interest rates based on overnight repurchase agreement transactions backed by Treasuries.
The Board of Governors of the Federal Reserve System is seeking comments on three proposed reference rates based on repurchase agreement transactions backed by Treasuries.
An Office of Financial Research working paper examined how risk-taking in the repurchase agreement market changed following the introduction of the Basel III supplementary leverage ratio regulation.