Bankowość · 30.07.1997

Revised Policy Statement on Securities Lending

As part of the FDIC's systematic review of its regulations and written policies under section 303(a) of the Riegle Community Development and Regulatory Improvement Act of 1994 (CDRI), the FDIC is adopting revisions recently made by the Federal Financial Institutions Examination Council (FFIEC) to its policy statement on securities lending (policy statement). The policy statement provides guidance to insured depository institutions about conducting securities lending in a safe and sound manner. The FDIC is adopting certain minor changes to the policy statement which the FFIEC has made to update outdated and duplicative cross-references to other supervisory documents, but is otherwise retaining the policy statement in its present form.