Loading Events

« All Events

  • This event has passed.

Comments due: Federal Reserve (proposed rule; single-counterparty credit limits)

December 20, 2019

The Board is proposing to amend the compliance dates for Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations, which it finalized in a rule (final SCCL rule), published in the Federal Register on August 6, 2018. The Board is requesting comment on a proposed amendment that would modify these initial compliance dates to July 1, 2021, and January 1, 2022, respectively, regarding the single-counterparty credit limits applicable to a foreign banking organization’s combined U.S. operations only.

Reg lookup: Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations

Details

Date:
December 20, 2019
Event Category:
Event Tags: