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Federal Reserve announces updates to the Collateral Margins Table and new ALD collateral requirements timeline

The Federal Reserve is implementing updated collateral margins for Discount Window and Payment System Risk purposes, effective July 1, 2021. The Federal Reserve is also announcing the first half of 2022 as the implementation period for new Automated Loan Deposit (ALD) collateral report submission requirements affecting select institutions. Effective in the first half of 2022, “in-scope” institutions may cease dual file submission and transition to submitting only the new ALD file.

Specific details on the implementation will be announced no later than three months ahead of the effective date. Upon implementation, the Collateral Margins Table will be updated to reflect new margins for all institutions. Visit the Discount Window and Payment System Risk website (Off-site) for additional information.