Fed Board to Hold Open Meeting on Review of Foreign Bank Rules

The Federal Reserve Board said it will have an open board meeting where governors and staff will discuss in public new rules for capital and liquidity for foreign bank holding companies and foreign non-bank companies supervised by the central bank.

The meeting will be held December 14 at 3 p.m. in Washington, the central bank said in a notice published on its website.

The Fed said a staff memo on implementing sections 165 and 166 of the Dodd-Frank Act will be made available to the public.

Editors: Kevin Costelloe,

To contact the reporters on this story: Craig Torres in Washington at ctorres3@bloomberg.net.

To contact the editors responsible for this story: Chris Wellisz at cwellisz@bloomberg.net;

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