The Fixed Income Clearing Corporation proposed rule amendments that are intended to make effective the SEC's recent adoption of requirements that members of a central clearing organization for U.S. government securities clear certain repo and cash market trades in U.S. governments.
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OFAC sanctioned a number of financial services firms for facilitating transactions or offering other services that helped OFAC-designated entities evade Ukraine war sanctions.
CFPB Director Rohit Chopra decried the trend toward bank consolidation and proposed reforms to bank merger policy.
The OCC, the FRB and the FDIC jointly issued (i) an interim final rule that delays the applicability date of the facility-based assessment areas and public file provisions contained in the Community Reinvestment Act and (ii) a final rule that makes related technical amendments.
The FDIC proposed amendments to its Statement of Policy on Bank Merger Transactions relevant to all insured depository institutions.