Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
UPDATED: Rule implementing ‘high quality liquid asset’ tag for municipals under EGRRCPA in effect
Liquid and readily-marketable, investment grade municipal obligations would be treated as high-quality liquid assets (HQLAs) under liquidity coverage ratios, according to an interim final rule that becomes effective on publication Friday. In filings with the […]