Regulatory
Suspended Counterparty Program
Issued by Federal Housing Finance Agency
What the record says
The Federal Housing Finance Agency (FHFA) is proposing to amend its Suspended Counterparty Program (SCP) regulation by removing the term "reputational harm." This amendment would eliminate redundancy and affirm that FHFA's supervision of counterparty risk is based on material and measurable risks.
This is a factual description of what was issued or decided, not an assessment of it.