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Bankowość · 25/03/2020

Office of the Comptroller of the Currency Adopts Interim Rule for Short-Term Investment Funds

The OCC has temporarily relaxed rules for short-term investment funds, allowing national banks to act as fiduciaries while maintaining certain maturity limits, and has issued an administrative order to clarify compliance requirements.

Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →