In a joint letter to the Basel Committee on Banking Supervision, ISDA, the Institute of International Finance, and the Global Financial Markets Association, among others, requested reconsideration of the 2014 standardized approach for measuring counterparty credit risk exposures.
The U.S.-UK Financial Regulatory Working Group published a joint statement on its priorities.
In a joint statement, the FRB and the OCC said they will not recommend enforcement action against swap dealers that are parties to certain legacy swaps in connection with the UK's departure from the EU.
Technical corrections to an OCC, Federal Reserve Board and FDIC standardized approach to calculating the exposure amount of derivative contracts under the "regulatory capital rule'" were published in the Federal Register.
An SEC and FDIC final rule governing the orderly liquidation of "covered broker-dealers" was published in the Federal Register.