The Inter-Agency Working Group for Treasury Market Surveillance reported progress on efforts to ensure that the Treasury market "remains the deepest and most liquid market in the world and a central component of the financial system."
News & Insights
The OCC, the Federal Reserve Board and the FDIC proposed long-term debt requirements for large banking entities, holding companies, foreign banking organizations and large insured depository institutions to facilitate resolvability in the event of failure and to reduce the risk of contagion within the financial system.
The Federal Reserve Board, FDIC, OCC and National Credit Union Administration advised depository institutions to take steps to ensure access to contingency funding under a range of possible stress scenarios.
The Federal Reserve Board, the FDIC and the OCC announced that the temporary supplementary leverage ratio, modified in May 2020 to exclude U.S. Treasury securities and central bank reserves, will expire, as scheduled, on March 31.
A final rule promulgated by the OCC, Federal Reserve Board and FDIC that implements a net stable funding ratio requirement for certain large U.S. banking organizations was published in the Federal Register.