Federal Reserve System June 10, 2013 – Federal Register Recent Federal Regulation Documents

Prohibition Against Federal Assistance to Swaps Entities (Regulation KK)
Document Number: 2013-13670
Type: Rule
Date: 2013-06-10
Agency: Federal Reserve System, Agencies and Commissions
The Board invites comment on an interim final rule that treats an uninsured U.S. branch or agency of a foreign bank as an insured depository institution for purposes of section 716 of the Dodd-Frank Act and establishes a process by which a state member bank or uninsured state branch or agency of a foreign bank may request a transition period to conform its swaps activities to the requirements of section 716.