On June 8, 2022, the New York State Department of Financial Services (“NYDFS”) released industry guidance applicable to U.S. dollar-backed stablecoins issued by NYDFS-regulated entities (the “Guidance”)...more
The global standardization of ESG and, more broadly, sustainability related disclosure requirements may arrive sooner than anyone could have expected. A recent Financial Times article entitled “New Body to Oversee Global...more
In a press release on June 8th, the Commodity Futures Trading Commission (the “CFTC”) published its first release in a series called the “SOFR First Transition Initiative” as a best practice. One goal for this sort of “best...more
6/10/2021
/ Best Practices ,
Broker-Dealer ,
CFTC ,
Compliance ,
Dealers ,
Financial Institutions ,
Over The Counter Derivatives (OTC) ,
Regulatory Oversight ,
Secured Overnight Funding Rate (SOFR) ,
SEFs ,
Swap Dealers