Banking Agencies Announce Meetings to Consider Rulemakings on Margin and Capital Requirements and Liquidity Coverage Ratio

The Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation ("FDIC") announced separate meetings that will be held on September 3, 2014 to consider proposed regulations.

Specifically, both agencies will meet to discuss their proposed regulations on margin and capital requirements for non-cleared swaps, which were first issued in proposed form in September 2012, as well as the adoption of regulations implementing the Liquidity Coverage Ratio, which was issued in proposed form in October 2013.

The FDIC will also consider the Supplementary Leverage Ratio at its meeting.

See: FRB Press Release; FDIC Press Release.Related news: OCC Publishes Liquidity Coverage Ratio Proposed Banking Regulations (Fed. Reg. Version) (December 2, 2013); Liquidity Coverage Ratio Proposed Banking Regulations (Pre-Fed. Reg. Version) (October 24, 2013); Banking Regulators Reopen Comment Period on Swap Margin and Capital Proposed Rulemaking (FRB, FDIC, OCC, FCA, and FHFA Joint Release - Fed. Reg. Version) (with Lofchie Comment) (October 2, 2012); Banking Regulators Reopen Comment Period on Swap Margin and Capital Proposed Rulemaking (FRB, FDIC, OCC, FCA, and FHFA Joint Release) (with Lofchie Comment) (September 26, 2012).