by Council of FHLBanks | Feb 20, 2020 | Uncategorized
The OCC and FDIC yesterday announced a 30-day extension of the comment period on the agencies’ joint proposal to modernize the Community Reinvestment Act, the Associated Press reports. The new deadline for comments is April 8. Joseph Otting, the Comptroller of...
by Council of FHLBanks | Jan 23, 2020 | ARRC, LIBOR, SOFR
The Alternative Reference Rates Committee (ARRC) today released a consultation on spread adjustment methodologies for cash products referencing U.S. dollar LIBOR. These spread adjustments are intended for use in USD LIBOR contracts that have incorporated the ARRC’s...
by Council of FHLBanks | Jan 23, 2020 | Regulators, Volcker Rule
US regulators have almost finished a proposal that would ease some restrictions under the Volcker rule on relationships banks can have with companies such as private equity funds and hedge funds, Comptroller of the Currency Joseph Otting says. He has not offered...
