CFTC Chair Rostin Behnam encouraged market participants to continue transition efforts in advance of the June 2023 cessation of USD LIBOR.
The U.S.-UK Financial Regulatory Working Group published a joint statement on its priorities.
The European Supervisory Authorities made final revisions to report on bilateral Margin Regulatory Technical Standards requirements in order to align with the Basel Committee and IOSCO international framework.
CFTC Division of Swap Dealer and Intermediary Oversight Director Joshua B. Sterling reviewed "key supervisory considerations" that will be addressed in the upcoming year.
CFTC Chair Timothy Massad updated key issues currently before the CFTC and detailed progress on updates on various current issues being addressed by the CFTC.