10 Feb FRB – Final Rule – Reserve Requirements of Depository Institutions: Regulation D
Posted at 15:53h
in Regulatory Changes – North America
February 10, 2021 – The FRB is adopting as a final rule, without change, its March 24, 2020, interim final rule amending its Regulation D (Reserve Requirements of Depository Institutions) to lower reserve requirement ratios on transaction accounts maintained at depository institutions to zero percent.
The final rule is effective March 12, 2021.
Client Impact:
Bi-Weekly Reserve Maintenance based on weekly FR 2900 reporting has been discontinued per the above date
For more information, visit www.federalregister.gov.
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