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Kathleen A. Scott Kathleen A. Scott

On Nov. 1, 2019, the U.S. federal banking regulators (the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC)) published three final rules for both U.S. banks and non-U.S. banks with banking operations in the United States: final regulations issued by the FRB revising the current prudential standards regulatory framework; final regulations issued by all three banking regulators adopting revised liquidity management requirements and final regulations issued by the FRB and FDIC revising the schedule for submission of plans for an orderly resolution by certain financial companies in the event of material financial distress or failure.

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