Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets

June 4, 2019 FDIC, OCC, Regulation lookup, The Fed 0

Title: Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets
Subject: HQLA, LCR
Agency: FDIC, Federal Reserve, OCC
Status: Final rule
Summary:
The OCC, the Board, and the FDIC (collectively, the agencies) are jointly adopting as a final rule, without change, the August 31, 2018, interim final rule, which amended the agencies’ liquidity coverage ratio (LCR) rule to treat liquid and readily-marketable, investment grade municipal obligations as high-quality liquid assets. This treatment was mandated by section 403 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
FR Doc:
2019-11715
Date proposed: Aug. 31, 2018
Comments due date:

 
Final rule effective date: July 5, 2019
Rule compliance date:
Agency release:

Related Reg Report item(s):

Treatment of HQLA under liquidity coverage ratio made final by banking regulators