28 Apr 2025
📈Proposed Recordkeeping Provisions for Leveraged Lending Activities
Proposed Agency Information Collection Activities; Comment Request
Summary
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Recordkeeping Provisions Associated with Guidance on Leveraged Lending (FR 4203; OMB No. 7100-0354).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document addresses proposed recordkeeping provisions linked to leveraged lending activities, which can significantly affect compliance requirements for financial institutions. Business owners in this sector must be prepared to adhere to these provisions and may need to evaluate their practices in light of the potential regulatory burden.