legal · go-v.org

Exposures Related the Money Market Mutual Fund Liquidity Facility.

CFR · 2024-01-01 · US · Title 12

Notwithstanding any other section of this part, an FDIC-supervised institution may exclude exposures acquired pursuant to a non-recourse loan that is provided as part of the Money Market Mutual Fund Liquidity Facility, announced by the Federal Reserve on For the purpose of this provision, an FDIC-supervised institution's liability under the facility must be reduced by the purchase price of the assets acquired with funds advanced from the facility.

official document · source cfr-2024 · id 12:§ 324.302