Risk Management Requirements for Certain Systemically Important Financial Market Utilities
On March 8, 2024, the Federal Reserve Board issued a final rule for supervised systematically important financial market utilities (FMUs), enhancing risk management standards, as well as safety and soundness. Once published in the federal register, FMUs are required to comply with the provisions within 180 days after publication with few exceptions. Access this practice note to gain an overview of the risk management...