Fed Requests Comment on Enhanced Prudential Standards for Systemically Important Nonbank Financial Companies (Fed. Reg.)

The Board of Governors of the Federal Reserve System ("FRB") solicited comments on the proposed application of enhanced prudential standards for certain nonbank financial companies. The request for comments was published in the Federal Register.

The FRB is proposing corporate governance, risk-management and liquidity risk-management standards that are tailored to the business models and capital structures of nonbank financial companies with significant insurance activities.

Comments on the proposal must be submitted by August 17, 2016.