Bankowość · 27/03/2009
Federal Reserve Extends Risk-Based Capital Exemption for ABCP Purchased Beyond January 30, 2009
The Federal Reserve has extended the risk-based capital exemption for asset-backed commercial paper (ABCP) purchased by national banks beyond January 30, 2009, to encourage the stability of money market mutual funds, which was initially set to expire on October 30, 2009.
Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →