FED released a letter announcing the publication of an initial set of frequently asked questions (FAQs) in response to questions from institutions. These questions are regarding the final rules to tailor certain prudential standards for domestic and foreign banking organizations to more closely match their risk profiles. FED may periodically update the FAQs and will issue a letter to announce any subsequent additions or changes to these FAQs.
This guidance in the form of FAQs applies to bank holding companies, savings and loan holding companies, and U.S. intermediate holding companies with USD 100 billion or more in total consolidated assets as well as to certain depository institutions. For other banking organizations affected by the tailoring rules, this guidance may address their questions on applicability.
Keywords: Americas, US, Banking, FAQ, Large Banks, Proportionality, Regulatory Capital, Basel III, Stress Testing, LCR, Reporting, FED
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