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Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets

Fed · final-rule · Published 2019-06-05 · Effective 2019-07-05 · 84 FR 25975

Document

Document number
2019-11715
Federal Register citation
84 FR 25975
CFR reference
12 CFR 50
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2019-06-05
Effective date
2019-07-05
Docket
Docket ID OCC-2018-0013

Abstract

The OCC, the Board, and the FDIC (collectively, the agencies) are jointly adopting as a final rule, without change, the August 31, 2018, interim final rule, which amended the agencies' liquidity coverage ratio (LCR) rule to treat liquid and readily-marketable, investment grade municipal obligations as high-quality liquid assets. This treatment was mandated by section 403 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Source

Authoritative
Federal Register document
Machine
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