2025-10-01
The Federal Reserve issued this guidance to establish a new consolidated supervision framework for large financial institutions, excluding community banks with assets under $10 billion. The framework mandates enhanced microprudential and macroprudential standards to improve firm resiliency through robust capital, liquidity, and recovery planning, while reducing systemic impact via critical operations management and resolution planning. It applies specifically to LISCC firms, large banking organizations, and large foreign banking organizations with consolidated assets of $50 billion or more.