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News & Insights

Federal Reserve Board Finalizes Guidelines for Payment System Access

August 23, 2022

On August 22, 2022, Cravath prepared for its clients a resource entitled “Federal Reserve Board Finalizes Guidelines for Payment System Access.” The resource examines the agency’s guidelines, released on August 15, 2022, which outline principles for evaluating requests for master accounts and access to services at Federal Reserve Banks, and provide a tiered review framework for Reserve Banks to analyze payment system access requests. The resource provides key takeaways and observations, including how the guidelines could affect uninsured institutions’ access to the payment system.

Please click here to read the resource.

Related Practices & Industries

  • Corporate
  • Financial Institutions Group (FIG)
  • Financial Services and Insurance

Cravath Bicentennial

Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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