News & Analysis as of September 18, 2024

Qualified Financial Contracts (QFC)

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Fed Adopts Final Rule Regarding Contract Termination Provisions for Repos, Stock Loans and Swaps with Systemically Important Banks

Proskauer Rose LLP on 9/12/2017

On September 1, 2017 the Federal Reserve voted to adopt a final rule requiring U.S. global systemically important banking institutions ("GSIBs") and the U.S. operations of foreign GSIBs to amend qualified financial contracts...more

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Federal Reserve › Insolvency › Qualified Financial Contracts (QFC)

Fed Adopts Final Rule Regarding Contract Termination Provisions for Repos, Stock Loans and Swaps with Systemically Important Banks

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