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Policy on Payment System Risk

Fed · other · Published 2017-10-06 · 82 FR 46668

Document

Document number
2017-21602
Federal Register citation
82 FR 46668
Type
Rule
Action
Policy statement.
Category
other
Agency
US Federal Reserve System
Publication date
2017-10-06
Docket
Docket No. OP-1572

Abstract

The Board of Governors of the Federal Reserve System (Board) has revised part II of the Federal Reserve Policy on Payment System Risk (PSR policy) related to the transaction posting times used for measuring balances intraday in institutions' accounts at the Federal Reserve Banks (Reserve Banks) to conform to amendments to regulations governing the use of the Automated Clearing House (ACH) Network by Federal agencies announced by the Department of the Treasury, Bureau of the Fiscal Service (Fiscal Service). Specifically, the amended posting rules conform to the decision of the Fiscal Service to allow Federal agencies to originate and receive same-day entries beginning September 15, 2017.

Source

Authoritative
Federal Register document
Machine
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