Federal Register: Agencies Propose Framework for Applying Prudential Standards to Large Banks

The Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency (collectively, the "agencies") joint proposal that would tailor the application of the agencies' capital and liquidity rules to large U.S. banking organizations was published in the Federal Register. Comments must be received by January 22, 2019.

As previously covered, the proposal would establish categories of prudential standards in order to align regulatory capital, liquidity coverage ratio and net stable fund ratio requirements with a firm's risk profile.