Comments on a Treasury Department Office of Financial Research proposal to require certain institutions to submit daily reports on outstanding non-centrally cleared bilateral repurchase agreement transactions are due by March 10, 2023.
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The U.S. Treasury Department Office of Financial Research proposed requiring certain broker-dealers, government securities broker-dealers (including banks), other financial companies and investment advisers to submit daily trade and collateral information on their outstanding non-centrally cleared bilateral repurchase agreement transactions.
GAO recapped its "priority open recommendations" for the Federal Reserve Board. Highlighted recommendations concern FinTech, the Bank Secrecy Act and stress testing.
The Congressional Research Service reviewed recent proposals by the Federal Reserve Board to reduce "Enhanced Prudential Regulation" requirements for banks with over $50 billion in assets.
In a 2018 Annual Report, the Financial Stability Oversight Council recommended that financial regulatory agencies take additional steps to ensure U.S. financial stability.