FDIC Issues New Master Netting Definition and Proposes Limits on Qualified Financial Contracts (QFCs) of Certain G-SIBs | Practical Law
The FDIC adopted a final rule amending the definition of “qualified master netting agreement” for regulatory capital purposes, and issued a proposed rule designed to address qualified financial contracts (QFCs) of the affiliates of certain globally systemically important bank holding companies (G-SIBs).