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The Federal Reserve Board (FRB) has proposed new data collection requirements related to selected money market instruments. To assist in monitoring money market conditions, the proposal will require insured depository institutions with total assets of $26 billion or more, and U.S. branches and agencies of foreign banks with third party assets of $900 million or more, to report daily to the Federal Reserve on their federal funds transactions, Eurodollar transactions and certificates of deposit. Comments on the proposal will be due 60 days after its publication in the Federal Register.
Related Link:
http://www.federalreserve.gov/newsevents/press/bcreg/bcreg20130625a1.pdf
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Daria Lysenko Senior Lawyer at SBSB Fintech Lawyers
12 August
John Bertrand MD at Tec 8 Limited
11 August
Hajrabibi Mulla MSc International Business Student & Researcher in at Ulster university
Naina Rajgopalan Content Head at Freo
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