How to gain more from operational risk management practices.
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Capital rule modified to accommodate MMLF participation
The OCC, Fed and FDIC have published an interim final rule at 85 FR 16232 in today's Federal Register to allow banking organizations to neutralize the effects of purchasing assets through the Federal Reserve's Money Market Mutual Fund Liquidity Facility (MMLF). This treatment will extend to the community bank leverage ratio. The interim rule is effective today, with comments accepted through May 7, 2020.