Officials at the US Federal Reserve fear that the dramatic economic slump accompanied by the fastest pace of job losses in the country’s history due to measures to contain the Covid-19 pandemic could threaten financial stability. 

US federal prudential regulators have widened temporary restrictions within the supplementary leverage ratio (SLR) to include more banks. 

The US Senate has passed a bill that would force Chinese companies listed in the US to comply with national securities law. By Justin Pugsley.

Security breaches involving cloud computing highlight the importance of sound security controls and  an understanding of shared responsibilities between cloud service providers and banks, the Federal Financial Institutions Examination Council (FFIEC) said in a statement. 

Since its inception in 2012 as part of Dodd-Frank, the US Securities and Exchange Commission’s (SEC) whistleblower reward programme has paid out more than $400m as of April 16, 2020.   

The US Securities and Exchange Commission (SEC) amended its rules for securities clearing agencies to apply enhanced standards to all SEC-registered central counterparties and central securities depositories.

US federal prudential regulators have modified the liquidity coverage ratio (LCR) for banks participating in the Money Market Mutual Fund Liquidity Facility and the Paycheck Protection Program Liquidity Facility.

The US Federal Reserve has extended by 18 months initial compliance dates for parts of the single-counterparty credit limit rule. 

US federal prudential regulators have extended the consultation period for proposed guidance for resolution plans submitted by certain large foreign banks by 30 days.