A group of fourteen trade associations urged the European Commission to grant an extension for the temporary equivalence for UK central counterparties until certain regulatory implementations have been made under EMIR 2.2 and until the European Securities and Markets Authority.
CFTC Division of Swap Dealer and Intermediary Oversight Director Joshua B. Sterling provided clarification on the CFTC's announcement that it would conduct "targeted thematic reviews" of CPOs and swap dealers.
The FDIC and Federal Reserve Board notice and request for feedback on the use and effectiveness of ratings assigned under the Uniform Financial Institutions Rating System was published in the Federal Register.
The CFTC voted to propose amending its uncleared swap margin regulations to (i) extend the implementation date of initial margin requirements, and (ii) exempt certain transactions from uncleared margin requirements.