US Regulators Adopt Final Rules for Emergency Facilities, No Changes

Summary

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have finalized the revisions to the regulatory capital rule and the liquidity coverage ratio rule, with no changes, allowing banking organizations to continue neutralizing the effects of participating in emergency facilities such as the Money Market Mutual Fund Liquidity Facility and the Paycheck Protection Program Liquidity Facility.