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Federal Reserve Board Invites Public Comment On Proposed Changes To Its Policy On Payment System Risk That Governs The Provision Of Intraday Credit

Federal Reserve Board Invites Public Comment On Proposed Changes To Its Policy On Payment System Risk That Governs The Provision Of Intraday Credit Date 28/05/2021 The Federal Reserve Board on Friday requested public comment on proposed changes to its Policy on Payment System Risk (PSR policy) that governs the provision of intraday credit, or daylight overdrafts, to healthy depository institutions with accounts at the Federal Reserve Banks. The PSR policy establishes limits on the value of...
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