Proposed Interagency Guidance on Funding and Liquidity Risk Management


On June 30, 2009, several agencies released for comment proposed guidance to communicate consistent expectations on sound practices for the management of funding and liquidity risks. The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve (the Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), and National Credit Union Administration (NCUA) joined in the guidance in order to bring into alignment liquidity risk principles with guidance issued in September 2008 by the Basel Committee on Banking Supervision (BCBS). The BCBS liquidity principles focus on large financially active financial institutions, and these guidelines will set expectations for domestic institutions. When finalized, the principles will apply to all domestic financial institutions, including banks, thrifts and credit unions.

Please see full bulletin for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Morrison & Foerster LLP | Attorney Advertising

Written by:


Morrison & Foerster LLP on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.