Agencies Issue Three Final Rules

The federal bank regulatory agencies today finalized three rules, which are either identical or substantially similar to interim final rules currently in effect that were issued earlier this year. They include: A final rule that temporarily modifies the community bank leverage ratio, as required by the CARES Act; A final rule that makes more gradual, as intended, the automatic restrictions...

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Shared National Credit Review Finds Risk Remains Elevated in Leveraged Loans

For release at 2:00 p.m. ET WASHINGTON — Federal bank regulatory agencies find that the share and amount of loan commitments with the lowest supervisory ratings rose slightly between 2018 and 2019, according to the Shared National Credit (SNC) Program Review. Total commitments with low ratings remain elevated compared to lows reached during prior periods of strong economic performance. The...

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