For Lawyers | Log In | Join | Upload
WORKING... advanced

Fed Extends Comment Period for Prudential Standards Rule

more+
less-

On February 22, the Fed extended, until April 30, the comment period on a proposed rule to implement the enhanced prudential standards and early remediation requirements under Sections 165 and 166 of the Dodd-Frank Act for foreign banking organizations and foreign nonbank financial companies supervised by the Fed. Comments were originally due by March 31. Fed Release.


Topics:  Federal Reserve, Foreign Banks, Prudential Standards, Remediation

Published In: Finance & Banking Updates, International Law & Trade Updates

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.

© Orrick - Structured Finance Group | Attorney Advertising

×

Expand Your Reach

JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...

Learn More  or  Schedule a demo