The President's Working Group on Financial Markets made several recommendations to the SEC addressing the Public Company Accounting Oversight Board's lack of access to auditors of Chinese companies listed in the United States.

The Financial Accounting Standards Board requested comments on a proposed "Accounting Standards Update" aimed at easing potential accounting burdens on loan market participants presented by the LIBOR transition.

SEC Chief Accountant Sagar Teotia addressed domestic and international accounting and auditing developments in the capital markets.

ISDA urged the International Accounting Standards Board to address forthcoming Interbank Offered Rate reform issues in its exposure draft on interest rate benchmark reform.