Client Alerts
Aug. 04, 2016

The First Quarter SNC Review Results: Debunking Misconceptions Regarding the Leveraged Lending Guidance

On July 29, 2016, the Board of Governors of the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency released the results of the most recent Shared National Credit Program Review, the process by which the Regulators assess credit risk and trends and risk management practices with respect to the largest and most complex credits shared by multiple regulated banks. This alert lays out the more prominent misconceptions regarding the Leveraged Lending Guidance, and how the guidance is actually being applied by the Regulators.

Click here for the full alert.

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