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Reserve Requirements for Depository Institutions (US Federal Reserve System Regulation) (FRS) (2018 Edition)

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eBook details

  • Title: Reserve Requirements for Depository Institutions (US Federal Reserve System Regulation) (FRS) (2018 Edition)
  • Author : The Law Library
  • Release Date : January 08, 2018
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 140 KB

Description

The Law Library presents the complete text of the Reserve Requirements for Depository Institutions (US Federal Reserve System Regulation) (FRS) (2018 Edition).
Updated as of May 29, 2018

The Board is adopting, with certain revisions, its interim final rule that amended Regulation D (Reserve Requirements of Depository Institutions) to direct Federal Reserve Banks to pay interest on certain balances held at Federal Reserve Banks by or on behalf of certain depository institutions. The Board is also amending Regulation D to authorize the establishment of limited-purpose accounts, called “excess balance accounts,” at Federal Reserve Banks for the maintenance of excess balances of eligible institutions. These excess balance accounts are intended to permit eligible institutions to earn interest on their excess balances without significantly disrupting established business relationships with their correspondents.

This ebook contains:
- The complete text of the Reserve Requirements for Depository Institutions (US Federal Reserve System Regulation) (FRS) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure


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