Finance & markets · 28/05/2020Updated: 10/17/2026 · 1 min read
Federal Reserve Adopts Final Rule for Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations
Summary
The Federal Reserve is adopting a final rule to extend compliance dates for Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations, affecting foreign banking organizations with global systemically important characteristics and those subject to the rule, respectively.