Bankowość · 22/03/2013

Interagency Guidance on Leveraged Lending

The Office of the Comptroller of the Currency (OCC), Federal Reserve Board, and Federal Deposit Insurance Corporation (FDIC) are issuing final guidance on leveraged lending, outlining principles for safe-and-sound activities, including underwriting, risk management, and stress testing, for financial institutions that engage in leveraged lending activities, primarily large banks and thrifts.