Issued by Treasury Department
The U.S. Department of the Treasury's Office of Financial Research (the "Office" or the "OFR") is adopting final rules (the "Final Rules") establishing a data collection covering centrally cleared transactions in the U.S. repurchase agreement ("repo") market. This collection requires daily reporting to the Office by covered central counterparties ("CCPs"). The collected data will be used to support the work of the Financial Stability Oversight Council (the "Council"), its member agencies, and the Office to identify and monitor risks to financial stability, and to support the calculation of certain reference rates.
This is a factual description of what was issued or decided — not an assessment of it.