In this issue:
- US Banking Agencies Issue FAQs on the Regulatory Capital Rule
- US Banking Agencies Permit Wells Fargo to Begin Using Advanced Approaches Framework
- Regulation on Reporting of Supervisory Financial Information Under the Single Supervisory Mechanism Comes into Effect
- European Banking Authority Makes Recommendations on Equivalence of Confidentiality Regimes
- Prudential Regulation Authority Publishes Further Parts of the PRA Rulebook
- US Commodity Futures Trading Commission Staff Issues No-Action Relief for Swap Dealers Entering into Swaps with Legacy Special Purpose Vehicles
- International Swaps and Derivatives Association Highlights Concerns Over Lack of Harmonization of Trading Obligation Rules
- European Securities and Markets Authority Announces Centralized Data Projects
- Richard Taft Named Deputy Comptroller for Credit Risk
- Maryann Kennedy and Kris McIntire Named Deputy Comptrollers for Large Bank Supervision
- Prudential Regulation Authority Board Member Steps Down
- Upcoming Events
- Excerpt from US Banking Agencies Issue FAQs on the Regulatory Capital Rule:
On April 6, 2015, the US Office of the Comptroller of the Currency, the US Board of Governors of the Federal Reserve and the US Federal Deposit Insurance Corporation issued answers to certain frequently asked questions on the regulatory capital rule. The topics addressed in the FAQs include the following: (i) the definition of capital; (ii) separate account and equity exposures to investment funds; (iii) high volatility commercial real estate exposures; (iv) other real estate and off-balance-sheet exposures; (v) qualifying central counterparty questions; (vi) credit valuation adjustment questions; and (vii) other miscellaneous questions.
Please see full publication below for more information.
