FSB Heightens Focus on Market Transparency
As Archegos focuses global regulatory attention on market opacity (see Client Report HEDGE59), the FSB today issued FAQs on the STF data standards developed as part of its framework addressing securities financing’s financial stability risks.

Boston’s Rosengren Presses for CCyB
Following remarks late last month from FRB Vice Chair Quarles questioning the CCyB’s effectiveness, Boston Fed President Rosengren today argued that it is preferable to disrupting bank capital planning and relying on temporary capital relief in downturns.