Comments due on proposed NSFR rule

A joint press release by the federal banking agencies announced they are proposing a rule to strengthen the resilience of large banking organizations by requiring them to maintain a minimum level of stable funding relative to the liquidity of their assets, derivatives, and commitments, over a one-year period. The rule, the net stable funding ratio, or NSFR, is being proposed by the FDIC, the FRB, and the OCC. A notice of the proposed rule has been submitted for publication to the Federal Register. ..

Update, June 1, 2016: The proposal was published in the June 1, 2016, Federal Register at 81 FR 35123. Comments are due by August 5, 2016.