United States: Fed Issues FAQs Clarifying That Credit-Linked Notes Can Serve As Valid Capital Relief Tools For U.S. Banks - Cadwalader, Wickersham & Taft LLP

United States: Fed Issues FAQs Clarifying That Credit-Linked Notes Can Serve As Valid Capital Relief Tools For U.S. Banks - Cadwalader, Wickersham & Taft LLP

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On September 28, the Federal Reserve Board ("FRB") posted three new FAQs to its website regarding Regulation Q (Capital Adequacy of Bank Holding Companies, Savings and Loan Holding Companies, and State Member Banks).

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