The FDIC final rule restricting cancellation rights for certain qualified financial contracts was published in the Federal Register.
News & Insights
Five federal agencies authorized an interim final rule that exempts particular uncleared swaps from the agencies' respective margin requirements. The final rule was published in the Federal Register.
U.S. prudential regulators' proposed rule amendments governing margin requirements for uncleared swaps and security-based swaps were published in the Federal Register.
Federal banking agencies proposed amendments to conform swap margin rules to recently adopted rules restricting the cancellation rights of qualified financial contracts in the event of a counterparty entering resolution proceedings.
The comment deadline for the U.S. prudential regulators' proposal to amend rules governing margin requirements for uncleared swaps and security-based swaps was extended.