The new subgroup will develop educational materials to help consumers make informed decisions about digital assets.
March 17, 2022A government-wide strategy for digital assets may be released in a White House executive order as early as next month.
January 25, 2022The Fed, OCC and FDIC plan to provide clarity on whether certain crypto-related activities conducted by banks are "legally permissible".
November 26, 2021US regulators are calling for the enactment of legislation to ensure that stablecoin issuers are insured and subject to appropriate supervision and regulation.
November 3, 2021A draw on an existing agreement that is legally enforceable, such as a committed credit facility, would not be viewed as a new contract.
October 22, 2021The institutional location of the resolution function is commonly the central bank, prudential supervisor or deposit insurer. This decision often entails trade-offs.
May 13, 2021ICE Benchmark Administration intends to continue publishing some tenors of USD LIBOR until end-June 2023, which could allow time for most legacy contracts to mature.
December 1, 2020The Fed, OCC and FDIC have asked banks to move away from LIBOR 'without delay', accelerate customer outreach, and prepare their systems for the transition.
November 16, 2020The latest amendment allows banks to invest in venture capital and credit funds and reduces the amount of capital they have to set aside against inter-affiliate swap trades.
June 30, 2020Business continuity plans, social distancing measures, economic stimulus and liquidity constraints are hindering banks’ abilities to stay consistent with regulators' expectations, says Peter Guy.
March 30, 2020