Search Results for keywords:"Net Stable Funding Ratio"

Found 2 results
Skip to main content

Search Results: keywords:"Net Stable Funding Ratio"

  • Type:Rule
    Citation:86 FR 9120
    Reading Time:about 9 hours

    The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation have finalized a rule called the Net Stable Funding Ratio (NSFR). This rule is designed to ensure large banking organizations maintain stable funding over a one-year period to support their various financial activities. By requiring stable funding, the rule aims to reduce liquidity risks, ensuring banks can continue to operate smoothly even in challenging economic conditions. This rule applies to large U.S. banks and some foreign banks with significant assets, enhancing the overall stability of the financial system.

    Simple Explanation

    The government made a new rule for big banks to make sure they always have enough safe money set aside, so they can keep running smoothly even if things get tough in the economy. This helps keep everyone's money safer in the bank!

  • Type:Notice
    Citation:86 FR 8480
    Reading Time:about 32 minutes

    The Office of the Comptroller of the Currency, the Federal Reserve Board, and the FDIC are requesting public comments on proposed revisions and extensions to specific reports, aiming to update the guidelines for reporting certain types of deposits, such as brokered and sweep deposits. These revisions align with regulations like the Net Stable Funding Ratio and address exceptions in the revised definition of brokered deposits. Public feedback is sought on whether these updates improve the agencies' ability to monitor financial institutions and assess related risks. The changes are set to take effect beginning with the report date of June 30, 2021.

    Simple Explanation

    The government wants to change some rules about how banks tell them about their money, like if it's from special kinds of deposits. They are asking people to say what they think about these rule changes to make sure banks are being safe with their money.