ISDA recommended several steps for financial counterparties and their non-financial counterparties to take in order to comply with the EMIR Refit requirements.
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The U.S. Government Accountability Office revised its guidance on best practices for developing and managing program costs.
OFAC designated a subsidiary of a Russian state-controlled oil company for "operating in the oil sector of the Venezuela economy." In addition, OFAC amended several general licenses and two FAQs.
SIFMA, IIB, ISDA, and FIA recommended changes to CFTC-proposed cross-border regulations concerning registration thresholds and certain requirements applicable to swap dealers and major swap participants.