Regulatory AlertsSR 20-2: Frequently Asked Questions on the Tailoring Rules
The Board of Governors of the Federal Reserve System issued SR 20-2 to provide frequently asked questions regarding the final rules that tailor prudential standards for large domestic and foreign banking organizations. This guidance applies to bank holding companies, savings and loan holding companies, and U.S. intermediate holding companies with $100 billion or more in total consolidated assets, as well as certain depository institutions. The document incorporates FAQs from January and August 2020 to help institutions align their risk profiles with regulatory requirements and directs inquiries to a dedicated email inbox.
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