US Treasury poised to finalise FX exemption
The US Department of the Treasury has decided to proceed with its proposed determination to exempt foreign exchange swaps and forwards from key components of the Dodd-Frank Act and is now finalising the details before making a public announcement, FX Week understands.
The news comes more than 14 months after the Treasury first issued its proposed exemption for consultation. While officials have said the time has been used to review the comments received, some observers have suggested it might
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