# Federal Reserve Policy on Payment System Risk; U.S. Branches and Agencies of Foreign Banking Organizations
> **US Federal Reserve System** · Notification of delay. · Published 2020-04-06 · 85 FR 19077
## Document
- **Document number:** 2020-06482
- **Category:** other
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 85 FR 19077
- **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").

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/04/06/2020-06482/federal-reserve-policy-on-payment-system-risk-us-branches-and-agencies-of-foreign-banking)
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