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Fed proposes risk-management expectation guidance for large banks

( January 4, 2018, 22:31 GMT | Official Statement) -- MLex Summary: US Federal Reserve proposed guidance to clarify the agency’s supervisory expectations for risk management for large financial institutions. The guidance is part of a broader plan to develop a new rating system for big institutions in the wake of the financial crisis. The proposal, which seeks public comment, identifies core principles for senior management.Statement follows in full. Also see document below. ...

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