In This Issue:

- Board of Governors of the Federal Reserve System Approves Final Rule Amending Regulation D

- US Federal Banking Agencies Finalize Revisions to the Capital Rules Applicable to Advanced Approaches Banking Organizations

- US Federal Deposit Insurance Corporation Proposes Rule to Revise Deposit Insurance Assessments for Small Banks

- US Federal Reserve Board Releases Statement on Court’s Decision in Starr International Company, Inc. v. The United States

- EBA Final Draft Implementing Technical Standards on Disclosure and Supervisory Reporting of Leverage Ratio

- EU Technical Standards on Own Funds Requirements Amended

- EU Technical Standards on Extensions and Changes to Internal Approaches Consolidated

- Basel Committee Releases Final Net Stable Funding Ratio Disclosure Standards

- US Commodity Futures Trading Commission Updates Guidebook and Appendices for Part 20 Reports

- OCC Announces Plans to Escheat Funds from the Foreclosure Review, the Termination of Orders against Certain Mortgage Servicers and the Imposition of Restrictions on Six Other Mortgage Servicers

- Report on Credible Deterrence in the Enforcement of Securities Regulation

- Delay on Delivery of European Technical Standards under Central Securities Depositories Regulation

- FCA Call for Input on Innovation in Digital and Mobile Solutions in Financial Services

- International Organization for Securities Commissions Issues Press Release Further to Annual Conference

- EU Political Agreement on Proposed Regulation on Reporting and Transparency of Securities Financing Transactions

- US Federal Reserve Board Announces New Deputy Director of Division of Monetary Affairs

- Upcoming Events

- Excerpt from US Board of Governors of the Federal Reserve System Approves Final Rule Amending Regulation D:

On June 18, 2015, the Board of Governors of the Federal Reserve System adopted a final rule amending Regulation D (Reserve Requirements of Depository Institutions), changing the calculation of interest payments on certain balances maintained by eligible institutions at Federal Reserve Banks. In contrast to the previous rule, which based interest payments on the average rate over the two-week reserve maintenance period, the final rule bases interest payments on a daily rate. The amendment is intended to enhance the effectiveness of changes in such rates of interest in moving the Federal funds rate into the target range established by the Federal Open Market Committee, especially when changes in those rates do not coincide with the beginning of a maintenance period. The amendments to Regulation D will be effective July 23, 2015.