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FDIC RIN: 3064-AE21 Publication ID: Fall 2016 
Title: Margin and Capital Requirements for Covered Swap Entities 
Abstract:

The OCC, Board, FDIC, FCA, and FHFA (each an Agency and, collectively, the Agencies) are adopting exemptions from the initial and variation margin requirements published by the Agencies in November 2015, pursuant to sections 731 and 764 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  Pursuant to title III of the Terrorism Risk Insurance Program Reauthorization Act of 2015, this final rule exempts certain non-cleared swaps and non-cleared security-based swaps with certain financial and non-financial end users that qualify for an exception or exemption from clearing.

 

 

 

 

 

 

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 349   
Legal Authority: 7 U.S.C. 6s(e)    15 U.S.C. 78o-10(e)    12 U.S.C. 1818    12 U.S.C. 1819(a)(Tenth)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/24/2014  79 FR 57347   
NPRM Comment Period End  11/24/2014 
Interim Final Rule  11/30/2015  80 FR 74916   
Interim Final Rule Comment Period End  01/31/2016 
Interim Final Rule Effective  04/01/2016 
Final Rule  08/02/2016  81 FR 50605   
Final Rule Effective  10/01/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Information URL: www.fdic.gov/regulations/laws/federal/   Public Comment URL: www.fdic.gov/regulations/laws/federal/  
RIN Data Printed in the FR: No 
Related Agencies: Joint: TREAS/OCC, FRS, FCA, FHFA; 
Agency Contact:
Karl Reitz
Chief, Capital Markets Strategies Section
Federal Deposit Insurance Corporation
550 17th Street NW.,
Washington, DC 20429
Phone:202 898-6775
Email: kreitz@fdic.gov

Thomas Hearn
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6967
Email: thohearn@fdic.gov

Catherine Topping
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3975
Email: ctopping@fdic.gov