Washington Report 360 | November 1, 2019
Washington Report 360 | November 1, 2019
Insight

Washington Report 360 | November 1, 2019

FATF published report on best practices for identifying beneficial owner(s) of legal persons; proposed amendments to swap margin rules

Key highlights

  • The FATF published a report on best practices for identifying the beneficial owner(s) of legal persons and outlines key features of an effective system.
  • Five federal agencies proposed amendments to the swap margin rules that would eliminate initial margin for uncleared swaps with affiliates.

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