Reg. D IFR 2020 Apr – Q.4. Does the interim final rule have any impact on the "reservation of right" provisions set forth in § 204.2(d)(1) of Regulation D?

Compliance > Regulation D - Reserve Requirements

Q: Does the interim final rule have any impact on the "reservation of right" provisions set forth in § 204.2(d)(1) of Regulation D?

 

A:  No. The interim final rule does not have any impact on§ 204.2(d)(1) of Regulation D. The "reservation of right"
continues to be a part of the definition of "savings deposit" under the interim final rule.

 

 

This information can be found in the FRB’s Reg. D Interim Final Rule that was published on April 28, 2020 with a stated effective date of April 24, 2020, here - https://www.federalregister.gov/documents/2020/04/28/2020-09044/regulation-d-reserve-requirements-of-depository-institutions

 

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