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Netting Eligibility for Financial Institutions

Fed · final-rule · Published 2021-02-26 · Effective 2021-03-29 · 86 FR 11618

Document

Document number
2021-03596
Federal Register citation
86 FR 11618
CFR reference
12 CFR 231
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2021-02-26
Effective date
2021-03-29
Docket
Regulation EE

Abstract

The Board of Governors (Board) is publishing a final rule that amends Regulation EE to include additional entities in the definition of "financial institution" contained in section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) so that they are covered by FDICIA's netting protections. The final rule also clarifies certain aspects of the existing activities-based test in Regulation EE.

Source

Authoritative
Federal Register document
Machine
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