The Federal Reserve Board, CFPB, FDIC, OCC, National Credit Union Administration and state financial regulators alerted mortgage servicers that they will resume their respective pre-pandemic supervisory and enforcement approaches towards noncompliance with mortgage-servicing rules.
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The CFTC issued an Order allowing LCH SA, a registered derivatives clearing organization, to engage in the portfolio margining of both swaps and security-based swaps in a cleared swaps customer account.
SEC Commissioner Caroline A. Crenshaw encouraged filers, staff members and the XBRL US member organization to take steps to improve XBRL data quality.
In an Advisory on " High-Risk Investments and Interactions," the U.S. Departments of State, Treasury and Commerce highlighted legal, reputational and economic risks for U.S. businesses and financial institutions with operations, client relationships or supply chains that extend into Cambodia.
President Joseph R. Biden extended by one year Executive Orders prohibiting U.S. persons and financial institutions from transacting in the securities of Chinese companies identified as supporting the military, intelligence and security services of the People’s Republic of China .