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Enhanced Prudential Standards for Bank Holding Companies and Foreign Banking Organizations (US Federal Reserve System Regulation) (FRS) (2018 Edition)

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eBook details

  • Title: Enhanced Prudential Standards for Bank Holding Companies and Foreign Banking Organizations (US Federal Reserve System Regulation) (FRS) (2018 Edition)
  • Author : The Law Library
  • Release Date : January 02, 2018
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 846 KB

Description

The Law Library presents the complete text of the Enhanced Prudential Standards for Bank Holding Companies and Foreign Banking Organizations (US Federal Reserve System Regulation) (FRS) (2018 Edition).
Updated as of May 29, 2018

The Board is adopting amendments to Regulation YY to implement certain of the enhanced prudential standards required to be established under section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act for bank holding companies and foreign banking organizations with total consolidated assets of $50 billion or more. The enhanced prudential standards include risk-based and leverage capital requirements, liquidity standards, requirements for overall risk management (including establishing a risk committee), stress-test requirements, and a 15-to-1 debt-to-equity limit for companies that the Financial Stability Oversight Council (Council) has determined pose a grave threat to financial stability. The amendments also establish risk-committee requirements and capital stress-testing requirements for certain bank holding companies and foreign banking organizations with total consolidated assets of $10 billion or more. The rule does not impose enhanced prudential standards on nonbank financial companies designated by the Council for supervision by the Board.

This ebook contains:
- The complete text of the Enhanced Prudential Standards for Bank Holding Companies and Foreign Banking Organizations (US Federal Reserve System Regulation) (FRS) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure


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