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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON D.C. 20551 DIVISION OF BANKING SUPERVISION AND REGULATION SR 13-3 March 21 2013 Revised November 13 2014 On November 7 2014 the Federal Reserve and the other federal banking agencies issued a press release with a Frequently Asked Questions FAQs document to clarify the 2013 Interagency Guidance on Leveraged Lending. The FAQs are available at the Board s press release on the 2014 Shared Na...
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The applicability of sr 13 determines if a certain requirement or standard is applicable to a particular situation or entity.
The entity or individual who needs to determine the applicability of a certain requirement or standard is required to file applicability of sr 13.
To fill out applicability of sr 13, the entity or individual must carefully review the requirements or standards, assess their applicability to the situation, and provide accurate information.
The purpose of applicability of sr 13 is to ensure that entities or individuals are aware of and comply with the applicable requirements or standards in a given situation.
The information reported on applicability of sr 13 may include the specific requirement or standard being assessed, the rationale for its applicability or non-applicability, and any supporting documentation.
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