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Central Liquidity Facility

NCUA · final-rule · Published 2021-03-24 · Effective 2021-03-24 · 86 FR 15568

Document

Document number
2021-05953
Federal Register citation
86 FR 15568
CFR reference
12 CFR 725
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2021-03-24
Effective date
2021-03-24
Docket
NCUA-2021-0037

Abstract

In response to the enactment of the Consolidated Appropriations Act, 2021, (CAA) the NCUA Board (Board) is issuing this interim final rule to cohere the NCUA's regulations to the statutory changes made by the CAA. Specifically, the CAA extended several enhancements to the NCUA's Central Liquidity Facility (CLF or Facility), which were first enacted by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This rule amends the NCUA's CLF regulation to reflect these extensions. This rule also extends the withdrawal from CLF membership provisions that the Board included in the April 2020 interim final rule that made the aforementioned regulatory changes related to the CARES Act.

Source

Authoritative
Federal Register document
Machine
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