Five federal agencies ("the Agencies") published interim and final rules on margin and capital requirements for registered swap dealers, major swap participants, security-based swap dealers and major security-based swap participants. The Office of the Comptroller of the Currency ("OCC"), the Board of Governors of the Federal Reserve System ("FRB"), the Federal Deposit Insurance Corporation ("FDIC"), the Farm Credit Administration ("FCA") and the Federal Housing Finance Agency ("FHFA") published the rules in the Federal Register. The final rule implements Dodd-Frank Sections 731 ("Registration
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The Federal Housing Finance Agency reminded certain financial companies to provide results of their annual stress tests in order to determine whether they have the necessary capital to absorb losses as a result of adverse economic conditions.
Six regulatory agencies requested comment on a proposed rule regulating incentive-based compensation arrangements at covered institutions as required by the Dodd-Frank Act.
The Federal Financial Institutions Examination Council requested comment on proposed revisions to the Uniform Interagency Consumer Compliance Rating System.
The Federal Financial Institutions Examination Council issued a new appendix, titled Mobile Financial Services, to the Retail Payment Systems booklet of the FFIEC Information Technology Handbook.