Facebook  Twitter  LinkedIn  YouTube  Google+

User acknowledges that it has reviewed the User Agreement and the Privacy Policy governing this site, and that continued use constitutes acceptance of the terms and conditions stated therein.

2017 OCC Comment Letters

The European Commission, April 27, 2017
OCC Comment Letter Encourages European Commission To Extend Transitional Periods for Own Funds Requirements for Exposures Related to CCPs
In connection with its application to be recognized as a Qualifying Central Counterparty, OCC encourages the European Commission in a letter to extend transitional periods for own funds requirements for exposures related to CCPs. As noted in a prior comment on the last implementing regulation that extended the transitional periods to June 15, 2017, OCC agrees with the concerns expressed in the draft regulation that European institutions could be harmed and markets could be disrupted if the transitional periods are not extended to December 15, 2017.