View Rule

The OCC and FRB issued an interim final rule amending the definition of "qualifying master netting agreement" under their regulatory capital and liquidity coverage ratio rules, as well as under the lending limits rule applicable to national banks and Federal savings associations.  The definitions of "collateral agreement," "eligible margin loan," and "repo-style transaction" under their regulatory capital rules also were amended.  The amendments are designed to ensure that the regulatory capital, liquidity, and lending treatment of certain financial contracts is not affected by implementation of special resolution regimes in foreign jurisdictions or by the International Swaps and Derivative Association Resolution Stay Protocol.