{"abstract":"To provide liquidity to the money market sector to help stabilize the financial system, the Board of Governors of the Federal Reserve System authorized the Federal Reserve Bank of Boston to establish the Money Market Mutual Fund Liquidity Facility (MMLF), pursuant to section 13(3) of the Federal Reserve Act. Under the MMLF, the Federal Reserve Bank of Boston will extend non-recourse loans to eligible financial institutions to purchase certain types of assets from money market mutual funds (MMFs). To facilitate this Federal Reserve lending program, the Board, OCC and FDIC (together, the agencies) are adopting this interim final rule to allow banking organizations to neutralize the regulatory capital effects of participating in the program. This treatment would extend to the community bank leverage ratio.","action":"Interim final rule and request for comment.","agencies":[{"raw_name":"DEPARTMENT OF TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/03/23/2020-06156.html","cfr_references":[{"chapter":null,"citation_url":null,"part":3,"title":12},{"chapter":null,"citation_url":null,"part":217,"title":12},{"chapter":null,"citation_url":null,"part":324,"title":12}],"citation":"85 FR 16232","comment_url":null,"comments_close_on":"2020-05-07","correction_of":null,"corrections":[],"dates":"The interim final rule is effective March 23, 2020. Comments on the interim final rule must be received no later than May 7, 2020.","disposition_notes":null,"docket_ids":["Docket No. OCC-2020-0011","Regulation Q","Docket No. R-1705"],"dockets":[{"supporting_documents":[],"agency_name":"OCC","documents":[{"comment_count":7,"comment_start_date":"2020-03-23","updated_at":"2023-02-28T13:41:53.299-05:00","comment_url":"https://www.regulations.gov/commenton/OCC-2020-0011-0001","allow_late_comments":null,"id":"OCC-2020-0011-0001","comment_end_date":"2020-05-08","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"OCC-2020-0011","title":"Regulatory Capital Rule: Money Market Mutual Fund Liquidity Facility"}],"document_number":"2020-06156","effective_on":"2020-03-23","end_page":16237,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/03/23/2020-06156.xml","html_url":"https://www.federalregister.gov/documents/2020/03/23/2020-06156/regulatory-capital-rule-money-market-mutual-fund-liquidity-facility","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-06156?publication_date=2020-03-23","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-03-23/2020-06156/mods.xml","not_received_for_publication":null,"page_length":6,"page_views":{"count":5279,"last_updated":"2026-04-04 12:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-03-23/pdf/2020-06156.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-06156.pdf?1584644477","publication_date":"2020-03-23","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/03/23/2020-06156.txt","regulation_id_number_info":{"1557-AE83":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/1557-AE83/regulatory-capital-rule-money-market-mutual-fund-liquidity-facility","title":"Regulatory Capital Rule: Money Market Mutual Fund Liquidity Facility","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=1557-AE83&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"},"7100-AF79":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/7100-AF79/regulation-q-treatment-of-certain-emergency-facilities-in-the-regulatory-capital-rule-and-the-liquid","title":"Regulation Q--Treatment of Certain Emergency Facilities in the Regulatory Capital Rule and the Liquidity Coverage Ratio Rule (Docket No: R-1705)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=7100-AF79&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"3064-AF41":null},"regulation_id_numbers":["1557-AE83","3064-AF41","7100-AF79"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FDIC","document_id":"FDIC-2020-0031-0001","checked_regulationsdotgov_at":"2023-02-28T18:41:52Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":16232,"subtype":null,"title":"Regulatory Capital Rule: Money Market Mutual Fund Liquidity Facility","toc_doc":null,"toc_subject":null,"topics":["Administrative practice and procedure","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Federal Reserve System","Holding companies","National banks","Reporting and recordkeeping requirements","Savings associations","Savings associations","Securities"],"type":"Rule","volume":85}