Regulatory Alerts2020-12-18
Added · Updated
SR 20-30: Financial Institutions Subject to the LISCC Supervisory Program
The Board of Governors of the Federal Reserve System issued this letter to define the financial institutions subject to the Large Institution Supervision Coordinating Committee supervisory program. The guidance aligns the program with current risk-based categories by including U.S. banking organizations subject to Category I standards, specific savings and loan holding companies, foreign banking organizations with significant U.S. operations, and FSOC-designated nonbank financial institutions. This revision updates previous criteria to increase transparency and ensure the supervisory framework reflects the current risk profiles of these large institutions.
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