Washington Report 360 | October 23, 2020

Final rules for NSFR and TLAC; NYDFS first conditional Bitlicense; Rising enforcement-related activity across FS regulators

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100

Key Highlights

  • Federal banking agencies finalized rules for NSFR (Net Stable Funding Ratio) and TLAC (Total Loss-Absorbing Capacity) debt
  • NYDFS granted its first conditional Bitlicense, permitting the company to provide services to buy, sell, and hold virtual currencies
  • Rising enforcement-related activity across financial services regulators

Financial services regulatory and policy news


Capital markets


Enforcement Actions


Industry news

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