Trade associations urged U.S. regulators to provide guidance on implementing BCBS-IOSCO recommended exemptions from swaps margin requirements where the amounts to be transferred are below relevant thresholds.

The Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation ("FDIC") announced separate meetings that will be held on September 3, 2014 to consider proposed regulations. Specifically, both agencies will meet to discuss their proposed regulations on margin and capital requirements for non-cleared swaps, which were first issued in proposed form in September 2012, as well as the adoption of regulations implementing the Liquidity Coverage Ratio, which was issued in proposed form in October 2013. The FDIC will also consider the

The Board of Governors of the Federal Reserve System, the FDIC, the Office of the Comptroller of the Currency, the Farm Credit Administration and the Federal Housing Finance Authority, (the "Prudential Regulators") voted to establish minimum margin and capital requirements for registered swap dealers, major swap participants, security-based swap dealers and major security-based swap participants for which one of the Prudential Regulators has primary margin authority. The proposed rules implement Dodd-Frank Sections 731 and 764, which requires the Prudential Regulators to adopt rules jointly to

The banking regulators (the "Agencies") have reopened the comment period for the "Proposed Margin Rule" published in the Federal Register on May 11, 2011 (76 FR 27564). The rule is intended to establish minimum margin and capital requirements for uncleared swaps and security-based swaps entered into by SDs, MSPs, security-based swap dealers, and major security-based swap participants, in each case that are subject to the requirements of the Prudential (banking) regulators, rather than the CFTC. The release indicates that the comment period has been extended as a result of the consultative

The banking regulators (the "Agencies") have reopened the comment period for the "Proposed Margin Rule" published in the Federal Register on May 11, 2011 (76 FR 27564). The rule is intended to establish minimum margin and capital requirements for uncleared swaps and security-based swaps entered into by SDs, MSPs, security-based swap dealers, and major security-based swap participants, in each case subject to the requirements of the Prudential (banking) regulators rather than the CFTC. The release indicates that the comment period has been extended as a result of the consultative document on