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Comments due: FDIC, Federal Reserve, OCC (interim final rule; swap margin rule)

August 31

The OCC, Board, FDIC, FCA, and FHFA are issuing this interim final rule to provide covered swap entities additional time to comply with the Swap Margin Rule’s phases 5 and 6 initial margin implementation deadlines. The interim final rule delays the effective date for phase 5 from Sept. 1, 2020 to Sept. 1, 2021 and, for phase 6, from Sept. 1, 2021 to Sept. 1, 2022.

Reg lookup: Margin and Capital Requirements for Covered Swap Entities

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Date:
August 31
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