Fed to Consider Liquidity Coverage Requirement at Upcoming Meeting - October 18, 2013 Alert

On October 17, 2013, the Board of Governors of the Federal Reserve System (Federal Reserve Board) announced that it will consider a “proposed rule to introduce a quantitative liquidity requirement in the United States” (Proposed Rule) at its October 24, 2013 meeting.

SFIG expects to comment on the Proposed Rule through its Regulatory Capital and Liquidity Committee (RC&L Committee). The RC&L Committee will schedule a conference call to discuss the Proposed Rule early in the week of October 28, 2013.

All materials released by Federal Reserve Board in connection with its meeting on the Proposed Rule will be distributed by SFIG to SFIG members promptly upon availability.

If you are interested in participating in the RC&L Committee’s review of the Proposed Rule, please contact SFIG at Sairah.Burki@sfindustry.org or Richard.Johns@sfindustry.org.

Click here for announcement of the Federal Reserve Board’s October 24, 2013 meeting.

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