Federal Reserve System April 6, 2020 – Federal Register Recent Federal Regulation Documents
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Federal Reserve Policy on Payment System Risk; U.S. Branches and Agencies of Foreign Banking Organizations
The Board of Governors of the Federal Reserve System (``Board'') is delaying the implementation date of changes to part II of the Federal Reserve Policy on Payment System Risk (``PSR policy'') related to procedures for determining the net debit cap and maximum daylight overdraft capacity of a U.S. branch or agency of a foreign banking organization (``FBO'').
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