View Rule

The OCC, FRB, and FDIC issued a final rule to implement a quantitative liquidity requirement consistent with the liquidity coverage ratio standard established by the Basel Committee on Banking Supervision. The requirement is designed to promote improvements in the measurement and management of liquidity risk. The final rule applies to all internationally active banking organizations that is banking organizations with more than $250 billion in total assets or more than $10 billion in on-balance sheet foreign exposure and to consolidated subsidiary depository institutions of internationally active banking organizations with $10 billion or more in total consolidated assets.