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."
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The Federal Reserve Board extended the comment period for a proposal on framework for supervision of insurance activities.
The Federal Reserve Board published in the Federal Register a request for comments on proposed guidance concerning a framework for the supervision of insurance activities by depository institution holding companies.
The Federal Reserve Board requested comment on proposed guidance on a framework for the supervision of any depository institution holding company that (i) is an insurance underwriting company, or (ii) has over 25 percent of its consolidated assets held by insurance underwriting subsidiaries.
In a newly issued report on COVID-19 related shocks to the U.S. Treasury market, the G30 offered recommendations to increase market resilience.