Office of Financial Research Extends to June 30, 2025 the Compliance Date for Rule on Non-centrally Cleared Bilateral Repurchase Agreement Data Collection

Contact: OFR Public Affairs

WASHINGTON - The Office of Financial Research (OFR) today announced it will extend by 90 days the compliance date for Category 2 covered reporters under a rule applying to non-centrally cleared bilateral repo (NCCBR) transactions in the U.S. repurchase agreement market. The new compliance date will be June 30, 2025 for Category 2 covered reporters whose compliance date otherwise would have been April 1, 2025.

The final rule was published on May 6, 2024. This data collection requires daily reporting to OFR by certain brokers, dealers, and other financial companies with large exposures to NCCBR transactions.

The Notice will appear in the Federal Register.

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The OFR helps promote financial stability by looking across the financial system to measure and analyze risks, perform essential research, and collect and standardize financial data, principally to support the Financial Stability Oversight Council and its member agencies. For more information, visit us at https://www.financialresearch.gov/.