Insight

Washington Report 360 | December 11, 2020

CFTC resignations and final rules; CFPB final rules related to Qualified Mortgage Loans; FinCEN new guidance on PII

Amy S. Matsuo

Amy S. Matsuo

National Leader, Regulatory Insights, KPMG US

Key Highlights

  • CFTC Chair and SEC Enforcement Director announced resignations.
  • CFTC finalized rules impacting margin requirements, swap execution facilities, and electronic trading risk and bankruptcy provisions.
  • CFPB finalized rules related to Qualified Mortgage Loans, including General QMs and a new category for Seasoned QMs.
  • FinCEN issued new guidance on information sharing among financial institutions related to suspicious activity; the guidance permits the sharing of personally identifiable information without limitation.

Financial services regulatory and policy news

Banking

Capital Markets

Other


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