Federal Reserve Policy on Payment System Risk; U.S. Branches and Agencies of Foreign Banking Organizations
Fed · other · Published 2020-04-06 · 85 FR 19077
Document
Document number
2020-06482
Federal Register citation
85 FR 19077
Type
Rule
Action
Notification of delay.
Category
other
Agency
US Federal Reserve System
Publication date
2020-04-06
Docket
Docket No. OP-1589
Abstract
The Board of Governors of the Federal Reserve System ("Board") is delaying the implementation date of changes to part II of the Federal Reserve Policy on Payment System Risk ("PSR policy") related to procedures for determining the net debit cap and maximum daylight overdraft capacity of a U.S. branch or agency of a foreign banking organization ("FBO").