WASHINGTON, July 15 -- Federal Reserve System has issued a notice called: Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations.
The notice was published in the Federal Register on July 15 by Ann E. Misback, Secretary of the Board.
Summary: The Board is seeking comment on proposed revisions to its Large Financial Institution ("LFI") rating system ("LFI Framework") and the ratings system for depository institution holding companies significantly engaged in insurance activities, referred to as supervised insurance organizations ("Insurance Supervisory Framework, " collectively with the LFI Framework, "Frameworks"), which is modeled on the LFI Framework. The proposal would rev...