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FHFA RIN: 2590-AB02 Publication ID: Spring 2020 
Title: Margin and Capital Requirements for Covered Swap Entities 
Abstract:

FHFA will adopt as a final rule the interim final rule it issued jointly with the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Farm Credit Administration (the "agencies") that amends the Swap Margin Rule. The Swap Margin Rule requires swap dealers and security-based swap dealers under the agencies’ respective jurisdictions to exchange margin with their counterparties for swaps that are not centrally cleared. The final rule amendments will accommodate swap transfers in response to the UK’s exit from the EU.

 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 1221   
Legal Authority: 7 U.S.C. 6s(e)    15 U.S.C. 78o-10(e)    12 U.S.C. 4513    12 U.S.C. 4526(a)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  03/19/2019  84 FR 9940   
Interim Final Rule Effective  03/19/2019 
Interim Final Rule Comment Period End  04/18/2019 
Final Rule  07/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.fhfa.gov; www.reginfo.gov   Public Comment URL: www.fhfa.gov  
RIN Data Printed in the FR: No 
Agency Contact:
James Jordan
Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3075
TDD Phone:800 877-8339
Email: james.jordan@fhfa.gov