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Financial Institution Letter |
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Treatment of Certain Emergency Facilities in the Regulatory Capital Rule and the Liquidity Coverage Ratio Rule |
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Summary:
The FDIC, the Board of Governors of the Federal Reserve System (Federal Reserve), and the Office of the Comptroller of the Currency (the Agencies) are adopting as final the revisions to the regulatory capital rule and the liquidity coverage ratio (LCR) rule to facilitate the use of the Money Market Mutual Fund Liquidity Facility (MMLF) and the Paycheck Protection Program Liquidity Facility (PPPLF).
Statement of Applicability to Institutions with Total Assets under $1 Billion:
This Financial Institution Letter (FIL) is applicable to all FDIC-supervised institutions that participate in the MMLF or PPPLF.
Distribution:
FDIC-Supervised Institutions
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