In a joint report, the Financial Services Forum, the Institute of International Finance and ISDA detailed how financial markets and participants provided "vital" support to the economy during the COVID-19 pandemic.
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A Federal Reserve Board, OCC and FDIC joint final rule that will limit the interconnectedness of large banks and reduce systemic risk was published in the Federal Register.
In a 2018 Annual Report, the Financial Stability Oversight Council recommended that financial regulatory agencies take additional steps to ensure U.S. financial stability.
The SEC granted exemptive relief to European issuers from Regulation M prohibitions in connection with distributions of certain contingent convertible debt securities.
The Bank for International Settlements published a Report that found that changes in the availability and cost of repurchase agreement ("repo") financing are affecting the ability of repo markets to support the financial system.