Bankowość centralna · 26/03/2020

Federal Reserve Issues Revised Definition for Systemically Important Banks to Address COVID-19 Disruptions and Market Strains

In response to recent economic disruptions caused by the COVID-19 pandemic, the Federal Reserve has issued an interim final rule revising the definition of eligible retained income for systemically important U.S. bank holding companies and intermediate holding companies of foreign banking organizations, aiming to make capital distributions more gradual and align with recent regulatory actions.