Regulation D: Reserve Requirements of Depository Institutions (0% reserve requirement)

March 24, 2020 Regulation lookup, The Fed 0

Title:
Regulation D: Reserve Requirements of Depository Institutions
Subject: Reg D reserves
Agency: Federal Reserve
Status: Final rule
Summary:

The Board of Governors of the Federal Reserve System (“Board”) is adopting as a final rule, without change, its March 24, 2020 interim final rule amending its Regulation D (Reserve Requirements of Depository Institutions) to lower reserve requirement ratios on transaction accounts maintained at depository institutions to zero percent.
FR Doc: 2020-28756
Date proposed:
Comments due date:

May 26, 2020
Final rule effective date:

March 12, 2021
Rule compliance date:
Agency release:

Related Reg Report item(s):

Fed taking comments on its recent zero-reserves action until May 26