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Credit Event Processing for Country Garden Holdings Company Limited

DTCC: A Protocol Activation Event has occurred. ISDA Determinations Committee: a credit event has taken place with respect to Country Garden Holdings Company Limited.

Wut Mean?: Due to a financial event concerning Country Garden Holdings Company Limited, a specific protocol has been activated in the Trade Information Warehouse. All relevant records in the Warehouse will be automatically processed concerning this event, but firms have the option to opt-out for specific records before a given

CFTC to Hold a Commission Open Meeting on November 1.

CFTC to Hold a Commission Open Meeting on November 1 to Consider a Proposed Rule on Investment of Customer Funds by Futures Commission Merchants and Derivatives Clearing Organizations.

Virtual Viewing/Listening Instructions: To access the live meeting feed, use the dial-in numbers below or stream at CFTC.gov. A live feed can also be streamed through the CFTC’s YouTube channel. Call-in participants should be prepared to provide their first name, last name, and affiliation, if applicable. Materials

Closed Board Meeting on October 23, 2023

Government in the Sunshine Meeting Notice! Today, the Fed held a CLOSED meeting as it was determined the public interest did not require opening the meeting for review & determination of the advance & discount rates charged by the Fed.

TLDRS: * Today, the Fed held a CLOSED meeting as it was determined the public interest did not require opening the meeting. * Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. Reddit Post

IRS Launches New Initiatives Using Inflation Reduction Act

U.S. Department of Treasury: IRS Launches New Initiatives Using Inflation Reduction Act Funding to Ensure Large Corporations Pay Taxes Owed.

Following a dramatically improved 2023 Filing Season thanks to Inflation Reduction Act (IRA) investments, the Internal Revenue Service (IRS) has targeted IRA resources on strengthening enforcement, with announcements on new initiatives to pursue high-income, high-wealth individuals who do not pay overdue tax bills and complex partnerships. Today the IRS is

Compliance with the Block and Cap Amendments

CFTC Extends No-Action Enforcement on Block & Cap Amendments. A dive into the CFTC's DELAYED regulations aimed at refining swap data reporting, ensuring transparency, & maintaining market integrity.

Wut Mean?: * The letter addresses a request from swap data repositories Chicago Mercantile Exchange Inc., ICE Trade Vault, LLC, DTCC Data Repository (US) LLC, and KOR Reporting Inc. to extend a no-action position detailed in CFTC Letter No. 22-03. * The Swap Data Repositories (SDRs) want the Division of Market Oversight

Fed Vice Chair for Supervision Michael S. Barr

Fed Vice Chair for Supervision Michael S. Barr: "It is particularly important for us to consider a range of market shocks because some concentrated counterparty exposures may be revealed only under certain scenarios."

Highlights: * "A recent study confirms this experience, finding that banks subject to the stress test were less exposed to common systemic risks. In addition, the stress test helps to make capital requirements less susceptible to gaming by firms and therefore more likely to be set at adequate levels. This

Closed Board Meeting on October 18, 2023

Government in the Sunshine Meeting Notice! Yesterday, the Fed held a CLOSED meeting as it was determined the public interest did not require opening the meeting for Discussion on Financial Markets, Institutions, & Infrastructure.

TLDRS: * Yesterday, the Fed held a CLOSED meeting as it was determined the public interest did not require opening the meeting. * Briefing and Discussion on Financial Markets, Institutions, & Infrastructure. Reddit Post