United States:
Federal Register: FRB Proposes Raising Threshold Of Regulation TT Assessments
20 November 2019
Cadwalader, Wickersham & Taft LLP
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The Federal Reserve Board ("FRB") proposal to raise
the threshold for bank holding companies and savings and loan
holding companies, subject to Regulation TT assessments, was published in the Federal Register. Comments on
the proposal must be submitted by January 9, 2019.
As
previously covered, the proposal would increase the minimum
threshold from $50 billion to $100 billion in total consolidated
assets.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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