Altering The Leveraged Lending Landscape

Law360, New York (April 16, 2012, 4:10 PM EDT) -- On March 26, 2012, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System jointly proposed comprehensive policy guidance on leveraged lending (the “proposed guidance”), applicable to all financial institutions supervised by the agencies.

If adopted, the proposed guidance would replace the current guidance originally issued in 2001. The agencies seek to curb certain practices, many of which developed during the period of substantial growth in the leveraged lending market after 2001,...
To view the full article, register now.