A press release titled, "Office of Financial Research Extends to June 30, 2025 the Compliance Date for Rule on Non-​centrally Cleared Bilateral Repurchase Agreement Data Collection" tells us, "The Office of Financial Research (​OFR) ... announced it will extend by 90 days the compliance date for Category 2 covered reporters under a rule applying to non-​centrally cleared bilateral repo (​NCCBR) transactions in the U.​S. repurchase agreement market. The new compliance date will be June 30, 2025 for Category 2 covered reporters whose compliance date otherwise would have been April 1, 2025. The final rule was published on May 6, 2024. This data collection requires daily reporting to OFR by certain brokers, dealers, and other financial companies with large exposures to NCCBR transactions. The Notice will appear in the Federal Register." It adds, "The OFR helps promote financial stability by looking across the financial system to measure and analyze risks, perform essential research, and collect and standardize financial data, principally to support the Financial Stability Oversight Council and its member agencies."

Your Name:
Your Email:
Recipient Email(s):

Use a comma or a semicolon to separate

Please retype symbols from the image:

Optional Message

Daily Link Archive