|Title:||Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets|
|Agency:||FDIC, Federal Reserve, OCC|
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.
|Date proposed:||Aug. 31, 2018|
|Comments due date:||
|Final rule effective date:||July 5, 2019|
|Rule compliance date:|
|Related Reg Report item(s):|