Orrick is a global law firm focused on serving the technology & innovation, energy & infrastructure and finance sectors. Founded over 150 years ago, Orrick has offices in 25+ markets worldwide. Financial Times selected Orrick as the Most Innovative Law Firm in North America for three years in a row.
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On May 24, the OCC, Federal Reserve and Federal Deposit
Insurance Corporation (FDIC) published a
notice of proposed rulemaking that would establish a revised
framework for determining capital and liquidity requirements for
large foreign banking organizations. Comments on the proposal must
be submitted by June 21. Notice of Proposed Rulemaking.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.