The Federal Reserve’s Enhanced Prudential and Early Remediation Requirements: The Impact on Savings and Loan Holding Companies

January 17, 2012
The Federal Reserve Board last month issued proposed rules to implement the enhanced prudential standards and early remediation requirements of Sections 165 and 166 of the Dodd-Frank Act. The proposal — which generally applies to large (greater than $50B in assets) bank holding companies and nonbank financial companies designated as systemically significant by the Financial Stability Oversight Council — also includes provisions of particular relevance to savings and loan holding companies. This update provides an overview of the proposal and its impact on SLHCs.