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FRB - Reserve Requirements of Depository Institutions

ABA Contact: Compliance staff
Published: 71 Federal Register 156, August 14, 2006
Comments Due: September 13, 2006
Disposition: Filed

Summary

The Board proposes to revise its 1980 interpretation of Regulation D (Reserve Requirements of Depository Institutions) setting forth criteria for the "bankers' bank'' exemption from reserve requirements. The interpretation sets forth the standards that the Board uses in applying the statutory and regulatory requirements for the bankers' banks exemption to specific institutions. The proposed revisions would authorize the Board to determine, on a case by case basis, whether certain entities not already expressly authorized in the interpretation may become customers to a limited extent of bankers' banks.

2006 Regulatory Chart
ABA Comment Letter
Federal Register
Final Rule