The FDIC issued a proposed rule that would codify certain required commitments that are typically imposed as a condition to granting approvals of an industrial bank's or industrial loan company's deposit insurance applications.
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The Federal Reserve Board established an overnight offering and term funding following an announcement that it will establish a Primary Dealer Credit Facility designed to smooth market functioning.
Following an examination of COVID-19's impact on the financial markets in the European Union, the European Securities and Markets Authority recommended specific contingency measures.
The Financial Conduct Authority is "actively reviewing" firms' business contingency plans in the wake of the COVID-19 outbreak.
SEC staff issued no-action relief from Consolidated Audit Trail requirements in order to enable broker-dealers to implement COVID-19 contingency plans.