FINANCIAL SERVICES FORUM for FINANCIAL SERVICES FORUM

Taxation/Internal Revenue Code TAX

General issues related to corporate and international tax reform, and taxation of financial products H.R. 1 -An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018. (Short title: Tax Cuts and Jobs Act)

Contacted: Natl Economic Council (NEC); Homeland Security, Dept of (DHS); Federal Reserve System; White House Office; Treasury, Dept of; Securities & Exchange Commission (SEC); SENATE; Federal Deposit Insurance Corporation (FDIC); Natl Security Council (NSC); Commodity Futures Trading Commission (CFTC); HOUSE OF REPRESENTATIVES; Commerce, Dept of (DOC); U.S. Trade Representative (USTR); Office of the Comptroller of the Currency (OCC)

Bills named: H.R. 1 (115th)

Financial Institutions/Investments/Securities FIN

Issues related to the implementation and regulatory review of the Dodd Frank-Wall Street Reform and Consumer Protection Act of 2010, (Public Law 111-203) including: capital and liquidity standards, G-SIB capital surcharge, liquidity coverage ratio (LCR), net stable funding ratio (NSFR), securitization, market structure, and resolution.) H.R. 10 - Financial Choice Act of 2017 H.R. 4292 - Financial Institution Living Will Improvement Act of 2017 H.R. 4293 - Stress Test Improvement Act of 2017 H.R. 4296, a bill to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency S. 2155 - Economic Growth, Regulatory Relief and Consumer Protection Act Executive Order 13777 - Enforcing the Regulatory Reform Agenda Legislative and regulatory efforts to modify and implement the Volcker Rule Issues related to enhancing the U.S. Bankruptcy Code (in order to facilitate the orderly resolution of a failed financial institution) Prudential matters with the U.S. agencies and international standard setting bodies including implementation of the Basel III capital and liquidity framework Derivatives regulation, including coordination and harmonization

Contacted: U.S. Trade Representative (USTR); Federal Reserve System; Commodity Futures Trading Commission (CFTC); Homeland Security, Dept of (DHS); SENATE; HOUSE OF REPRESENTATIVES; Treasury, Dept of; Office of the Comptroller of the Currency (OCC); White House Office; Securities & Exchange Commission (SEC); Commerce, Dept of (DOC); Federal Deposit Insurance Corporation (FDIC); Natl Economic Council (NEC); Natl Security Council (NSC)

Bills named: H.R. 4293 (115th), H.R. 4292 (115th), H.R. 10 (115th), S. 2155 (115th), H.R. 4296 (115th)

Homeland Security HOM

Issues related to cyber security: including information sharing, regulatory harmonization, and data security.

Contacted: Commodity Futures Trading Commission (CFTC); Commerce, Dept of (DOC); Homeland Security, Dept of (DHS); HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); U.S. Trade Representative (USTR); SENATE; White House Office; Office of the Comptroller of the Currency (OCC); Treasury, Dept of; Natl Security Council (NSC); Natl Economic Council (NEC); Federal Reserve System; Federal Deposit Insurance Corporation (FDIC)

Trade (domestic/foreign) TRD

Issues related to promoting economic growth through international engagement, trade and exports. Issues related to economic engagement with China to promote the liberalization of China's financial markets, U.S.-China Bilateral Investment Treaty, digital trade, and cross-border data flows.

Contacted: Commerce, Dept of (DOC); HOUSE OF REPRESENTATIVES; Federal Reserve System; U.S. Trade Representative (USTR); Federal Deposit Insurance Corporation (FDIC); Commodity Futures Trading Commission (CFTC); SENATE; Natl Security Council (NSC); Securities & Exchange Commission (SEC); Treasury, Dept of; Office of the Comptroller of the Currency (OCC); White House Office; Natl Economic Council (NEC); Homeland Security, Dept of (DHS)