Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Wednesday, February 27, 2013

Fed Issues Proposal on Financial Market Utilities

The Federal Reserve issued a proposed rule that would stipulate the conditions and requirements for Federal Reserve Banks to open accounts for and provide financial services to financial market utilities that the Financial Stability Oversight Council (FSOC) designates as systemically important.

The Dodd-Frank Act-mandated proposal also would authorize Reserve Banks to pay interest on the balances maintained by such designated financial market utilities. There will be a 60-day comment period on the proposed rule after its publication in the Federal Register.

Read more.
Read the proposed rule.

No comments:

Post a Comment

Please read our comment policy before making a comment.