The Federal Reserve finalized, in June 2018, the rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability, known as Single Counterparty Credit Limit (SCCL). GSIBs will be required to comply by January 1, 2020, and all other firms are required to comply by July 1, 2020.
Are you involved in the SCCL implementation for your institution?
Join us for this webinar to:
Questions? Email MA-Webinars@moodys.com.