Regulatory Alerts2019-02-26
Added · Updated
SR 19-3 / CA 19-2: Large Financial Institution (LFI) Rating System
The Board of Governors of the Federal Reserve System issued this guidance to replace the existing RFI rating system with a new LFI rating system for large financial institutions. The new framework evaluates bank holding companies and foreign banking organization subsidiaries with significant asset thresholds across three components: capital planning, liquidity risk management, and governance and controls. Ratings are assigned using a four-point non-numeric scale to assess whether firms maintain safe-and-sound operations and comply with applicable laws and regulations.
More like this from FRB
FRB published 3 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share