Federal Reserve Board Issues Statement Describing How, Consistent With Recently Enacted EGRRCPA, The Board Will No Longer Subject Primarily Smaller, Less Complex Banking Organizations To Certain Board Regulations

Consistent with the recently enacted Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), the Federal Reserve Board on Friday issued a statement describing how the Board will no longer subject primarily smaller, less complex banking organizations to certain Board regulations, including those relating to stress testing and liquidity.