Ongoing Data Collection of Non-Centrally Cleared Bilateral Transactions in the U.S. Repurchase Agreement Market
other · Treasury · Rule · Published 2024-05-06 · Effective 2024-07-05 · 89 FR 37091
Document
Document number
2024-08999
Federal Register citation
89 FR 37091
CFR reference
12 CFR 1610
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Treasury
Publication date
2024-05-06
Effective date
2024-07-05
Abstract
The Office of Financial Research (the "Office") within the U.S. Department of the Treasury ("Treasury") is adopting a final rule (the "Final Rule") establishing a data collection for certain non- centrally cleared bilateral transactions in the U.S. repurchase agreement ("repo") market. This collection requires daily reporting to the Office by certain brokers, dealers, and other financial companies with large exposures to non-centrally cleared bilateral repo ("NCCBR"). The collected data will be used to support the work of the Financial Stability Oversight Council (the "Council"), its member agencies, and the Office to identify and monitor risks to financial stability.