5  See Board of Governors of the Federal Reserve System (2009), “Federal Reserve, OCC, and FDIC Release Results of the Supervisory Capital Assessment Program”, press release, May 7; and Board of Governors of the Federal Reserve System (2009), “Federal Reserve Board Makes Announcement Regarding the Supervisory Capital Assessment Program (SCAP)”, press release, November 9.
Among the envisaged benefits from the CSD to the market  BIS central bankers’ speeches  1  participants will be electronic bidding, trading and reporting. We hope that the CSD can go live in April of this year.