Agencies release swap margin guidance

[kreslik.news]

Board of Governors of the Federal Reserve System

Farm Credit Administration

Federal Deposit Insurance Corporation

Federal Housing Finance Agency

Office of the Comptroller of the Currency

For release at 10:00 a.m. EST
February 23, 2017
Agencies Release Swap Margin Guidance
The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) on Thursday issued guidance explaining how supervisors should examine for compliance with the swap margin rule, which established margin requirements for swaps not cleared through a clearinghouse.
The guidance explains that the Board and the OCC expect swap entities covered by the rule ... (read more)