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The Fed Board announces finalization of a.......>

FED
FED: The Fed Board announces finalization of a rule to extend by 18 months the
initial compliance dates for certain parts of its single-counterparty credit
limit rule. The extension, which is unchanged from the proposal, applies to the
combined U.S. operations of foreign banks and provides additional time for
foreign jurisdictions' implementation of the standard to become effective. See
statement here:
https://www.federalreserve.gov/newsevents/pressreleases/bcreg20200501a.htm

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