The CFTC Market Participants Division, Division of Clearing and Risk, and Division of Market Oversight issued no-action relief allowing swap dealers and other market participants to use the 2020 Cross-Border Rule definitions of "U.S. person" and "guarantee" across all swap regulations.
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The Federal Reserve Board requested comment on the long term viability of its check collection and processing services.
An attorney settled OFAC charges for authorizing transactions and performing services for a trust connected to a sanctioned Russian oligarch.
The Office of the Comptroller of the Currency confirmed that national banks possessed the authority to engage in riskless principal transactions involving crypto-assets for their customers.
A money services business settled FinCEN charges for willfully failing to register with the agency and maintaining an ineffective anti-money laundering program.