Market Risk Advisory Committee

Date

Press Release

Other Meeting Documents

July 21, 2020

8193-20

8205-20

85 FR 40266

View Archived Webcast

Agenda

Statements:


Statement of Commissioner Rostin Behnam

Statement of Chairman Heath P. Tarbert

 

Additional Documents:

MRAC Opening Statement -Thomas Wipf Interest Rate Benchmark Reform Subcommittee Chairman

MRAC Interest Rate Benchmark Reform Subcommittee Final Report on Table Top Exercise

Appendix B-CME SOFR Discounting Transition_MRAC

Appendix C-LCH SOFR discounting main MRAC presentation 2June2020

MRAC Climate-Related Market Risk Subcommittee Report July 2020

MRAC Market Structure Subcommittee - Report to MRAC (July 21 2020)

MRAC Clarus Financial Technology Presentation Chris Barnes July 2020

MRAC Bloomberg Presentation Adam Peralta July 2020

MRAC Tradeweb Presentation Elisabeth Kirby July 2020

MRAC CCP Risk and Governance Subcommittee Report July 2020

MRAC DCR Presentation Cleared Derivatives_Richard Haynes July 2020

MRAC FIA Presentation Alicia Crighton July 2020

MRAC CME Presentation_Lee Betsill July 2020

December 11, 2019

8088-19

8092-19

84 FR 65133

Transcript

View Archived Webcast

Statements:


Statement of Chairman Heath P. Tarbert

Opening Statement of Commissioner Rostin Behnam

Additional Documents:


MRAC Climate-Related Market Risk Subcommittee

MRAC Market Structure Subcommittee

MRAC CCP Risk and Governance Subcommittee Report December 2019

MRAC Interest Rate Benchmark Reform Subcommittee

CFTC Legacy Swaps Analysis

MRAC_ENNs for Legacy IBOR Swaps

ISDA IBOR Fallback Update

CME SOFR Discounting and PA Transition Plan

LCH SOFR Discounting Letter

September 9, 2019

7997-19

7999-19

84 FR 44288

View Archived Webcast

Minutes

Agenda

Additional Documents:

"Plain English” Disclosures for New Derivatives Referencing LIBOR and other IBORs

MRAC Subcommittee on Interest Rate Benchmark Reform Recommendation for MRAC Approval

LCH SOFR Discounting Letter

SOFR Discounting & Price Alignment Transition Proposal for Cleared Swaps

Report of the MRAC Interest Rate Benchmark Reform Subcommittee

June 12, 2019

7931-19

7934-19

84 FR 24106

View Archived Webcast

Minutes

Agenda

Opening Statements:


Opening Statement of Commissioner Rostin Behnam

Opening Statement of Commissioner Brian Quintenz

Panelist Statements and Presentations:

Panel 1:  Domestic and International Policy Initiatives regarding Climate-related Market Risks to the Financial System


Statement of Stacy Coleman, Managing Director, Promontory Financial Group; Secretariat, Financial Stability Board’s Taskforce on Climate-related Financial Disclosures

Climate Risk and Insurance Regulation Presentation by Dave Jones, Director, Climate Risk Initiative, Center for Law, Energy & the Environment at the University of California Berkeley School of Law; Former California Insurance Commissioner

Panel 2:  Market Participant Approaches to the Management and Mitigation of Climate-Related Financial Market Risks

Statement of Nancy Meyer, Director of Corporate Engagement, Center for Climate and Energy Solutions

Hedging Climate Risks Presentation by Stefano Giglio, Yale School of Management


Interest Rate Benchmark Reform Subcommittee Report


MRAC Interest Rate Benchmark Reform Subcommittee Report

MRAC Interest Rate Benchmark Reform Committee Summary of Response Framework


Additional Documents:

Letter from Senator Brian Schatz and Senator Sherrod Brown

December 4, 2018

7846-18

7849-18

83 FR 58263

View Archived Webcast

Transcript

Minutes

Agenda

Opening Statements:

Statement of Commissioner Rostin Behnam

Statement of Commissioner Brian Quintenz

Statement of Commissioner Dan M. Berkovitz


Presentations:


Panel 4: Oversight of Third-Party Service Providers and Vendor Risk Management

Third Party Risk Management by Lazaro Barreiro, Director for Governance and Operational Risk Policy, Office of the Comptroller of the Currency

Ideas and Observations regarding FinTech/Third-Party Risk Management by B. Salman Banaei, Executive Director, Global Head of Clearance and Settlement, IHS Markit


Additional Documents:

Facilitator and Speaker Biographies

Report from the Interest Rate Benchmark Reform Subcommittee by Thomas Wipf, Subcommittee Chairman and Vice Chairman of Institutional Securities at Morgan Stanley

Interest Rate Benchmark Reform Subcommittee Membership List
 

July 12, 2018

7744-18

7752-18

83 FR 29762

View Archived Webcast

Transcript

Minutes

Agenda

Statement of Commissioner Rostin Behnam

Statement of Chairman J. Christopher Giancarlo

Statement of Commissioner Brian Quintenz


Additional Documents:

Alternative Reference Rates:  SOFR, LIBOR, and Issues for Transitions

Update on ISDA’s Benchmarks Initiatives

Speaker Biographies

January 31, 2018

7768-18

7679-18

83 FR 794

View Comments

View Archived Webcast

Minutes

Transcript

Agenda

Opening Statement of Chairman Giancarlo

Opening Statement of Commissioner Behnam

Opening Statement of Commissioner Quintenz


Additional Documents:

New Products Self-Certified 2000-2017

Speaker Biographies

June 20, 2017

7566-17

7571-17

82 FR 25246

View Archived Webcast

Minutes

Transcript

Agenda

Opening Statement of Acting Chairman J. Christopher Giancarlo

Closing Statement of Commissioner Sharon Bowen

Presentation:

Risk Surveillance Activities

Research on Clearing

April 25, 2017

7540-17

7545-17

82 FR 15332

View Archived Webcast

Transcript

Minutes

Agenda

CCP Risk Management Subcommittee Final Recommendations

Presentation:

Recommendations of CCP Risk Management Subcommittee

November 17, 2016

7477-16

7481-16

81 FR 76333

View Archived Webcast

Transcript

Minutes

Agenda

CCP Risk Management Subcommittee Final Recommendations

June 27, 2016

7386-16

7391-16

81 FR 37187

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Transcript

Minutes

Agenda

Statement of Commissioner Sharon Y. Bowen

Statement of CFTC Chairman Timothy Massad

Presentations:

G-SIB Resolution Under Title II Staff Presentation of the FDIC and CFTC

DCO Resolution Staff Presentation of the CFTC and FDIC

Additional Documents:

CCP Risk Management Subcommittee’s Draft Recommendations on Enhancing CCP Coordination in the Default Management Process

Uniform CCP Terminology for Default Management Auctions

April 26, 2016

7354-16

81 FR 17682

View Archived Webcast

Transcript

Minutes

Agenda

Statement of Commissioner Sharon Y. Bowen

Statement of Chairman Timothy Massad

Statement of Commissioner J. Christopher Giancarlo

November 2, 2015

7263-15

80 FR 60134

View Archived Webcast

Transcript

Minutes

Agenda

Opening Statement of Commissioner Sharon Y. Bowen

Presentations:

CCP Risk Management Subcommittee's Recommendations on Enhancing CCPs' Preparation for Default of a Significant Clearing Member

SIFMA AMG's Recommendations on Financial Risk Management of Central Counterparties

June 2, 2015

7170-15

7178-15

80 FR 25674

View Archived Webcast

Transcript

Minutes

Agenda

Statement of Commissioner Sharon Bowen

Statement of Commissioner J. Christopher Giancarlo

Presentation:

Cybersecurity - Considering Bank of England’s CBEST Program

April 2, 2015

7135-15

7142-15

80 FR 13352

View Archived Webcast

Transcript

Minutes

Agenda

Statement of Commissioner Sharon Bowen

Presentations:

CME Default Management

Overview of Default Management Fire Drill

Preparations for a Potential Clearing Participant Default