Bank Regulators Issue Guidance on Leveraged Lending
Date: 04/12/12
On March 26, 2012, the Office of the Comptroller of the Currency of the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (collectively, the "Agencies") issued new proposed guidance on leveraged lending (the "Proposed Guidance"). The Proposed Guidance updates and replaces guidance issued in 2001, generally with a greater degree of specificity than in 2001. The Proposed Guidance would apply to all financial institutions supervised by the Agencies that are substantively engaged in leveraged lending activities. Comments on the Proposed Guidance are due by June 8, 2012.
CGR Memo - Bank Regulators Issue Guidance on Leveraged Lending.pdf (pdf | 159.26 KB )