All posts tagged "Fed"
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87Fintech / RegtechDigital Dollar Project Prepares to Launch CBDC Pilot Tests
The DDP will launch five pilot programs over the next 12 months to measure the value of and inform the future design of a US CBDC.
May 5, 2021 -
244Asia-PacificGetting Your Hands Dirty with IBOR Transition
Specialists from Bloomberg, Standard Chartered Bank, ING Bank and Clifford Chance discuss IBOR transition challenges and how to address them.
May 3, 2021 -
277FeatureHKMA Releases Banks from 30 June LIBOR Transition Milestone
International banks say prematurely restricting the issuance of LIBOR-linked contracts may result in fragmented markets.
March 26, 2021 -
283FeatureBIS, SWIFT Announce Winners of ISO 20022 Hackathon
The winners were Atomic Wire, Mojaloop, Virtusa and AWS for solutions that help to enhance cross-border payments using ISO 20022 and APIs.
March 26, 2021 -
149EnforcementFormer Fed Employee Pleads Guilty to Stealing Bank Stress Test Data
The former employee faces jail time for removing restricted documents from his workstation, including proprietary information used by the Fed to conduct bank stress tests.
March 24, 2021 -
226Securities & TradingCFTC Establishes New Dedicated Unit for Climate Risk
Other US financial regulators including the SEC, Treasury Department and Federal Reserve have also recently raised climate risk and a key focus.
March 19, 2021 -
208Enforcement
US Fed Threatens Supervisory Action for Slow LIBOR Work
Guidance for examiners suggests supervisory actions for firms that are not ready to stop issuing LIBOR-based contracts by end-December.
March 12, 2021 -
306Market InfrastructureNew York State Budget to Include Provisions to Ease LIBOR Switch
The state budget plan would reportedly allow legacy LIBOR contracts to use the replacement rate recommended by the Fed Board, the New York Fed, or the ARRC.
January 25, 2021 -
215Fintech / RegtechUS Regulators Call for Responsible Stablecoin Design, Operation
Stablecoin participants and arrangements should register with FinCEN and comply with AML, sanctions, recordkeeping and reporting requirements.
December 31, 2020 -
491FeatureIBA Consults on Intention to Stop Publishing LIBOR
IBA intends to continue publishing the overnight and 1, 3, 6 and 12 month USD LIBOR settings until 30 June 2023. All other LIBOR settings would cease by 31 December 2021.
December 7, 2020
