Technical corrections to an OCC, Federal Reserve Board and FDIC standardized approach to calculating the exposure amount of derivative contracts under the "regulatory capital rule'" were published in the Federal Register.
Federal Reserve Bank of New York Executive Vice President Daleep Singh reviewed the actions taken by the Federal Reserve Board to provide emergency credit and liquidity in order to safeguard the economy during the COVID-19 pandemic.
The Federal Reserve Board, the FDIC and the OCC made temporary adjustments to the supplementary leverage ratio calculation for certain depository institutions to enable them to expand lending to households and businesses.
The Fed, the FDIC and the OCC modified the liquidity coverage ratio rule to eliminate the effects on banking organizations for participating in the Money Market Mutual Fund Liquidity Facility and the Paycheck Protection Program Liquidity Facility.
The New York State Department of Financial Services provided temporary regulatory relief for New York-chartered financial institutions concerning (i) conducting in-person meetings and (ii) holding annual stockholder meetings.
A Federal Reserve Board interim final rule temporarily amending the calculation of total leverage exposure within the supplementary leverage ratio of the FRB regulatory capital rule was published in the Federal Register.
The OCC, Federal Reserve Board and FDIC joint interim final rule intended too neutralize the regulatory capital effects of participating in the Paycheck Protection Program Lending Facility for financial institutions was published in the Federal Register.
The OCC, Federal Reserve Board and FDIC adopted an interim final rule that will neutralize the regulatory capital effects of participating in the Paycheck Protection Program Lending Facility for financial institutions.
The Federal Reserve Board, FDIC and OCC issued two interim final rules to modify the community bank leverage ratio in order to provide temporary relief under the Coronavirus Aid, Relief and Economic Security Act.
The Basel Committee Group of Central Bank Governors and Heads of Supervision delayed the implementation dates for Basel III to allow banks to focus on "immediate financial stability priorities" during the COVID-19 pandemic.
The Federal Reserve Board final rule to (i) simplify the requirements for large banks subject to capital plan rules and (ii) implement a stress capital buffer requirement was published in the Federal Register.
ISDA, the Global Financial Markets Association and the Institute of International Finance offered recommendations on the Bank for International Settlements Basel Committee's proposed revisions to the bank regulatory credit valuation adjustment risk framework.