re: notable >>9410472 (lb) New DJT twat w/CAP: “These were the people that trashed Seattle years ago. Who’s paying for these people. I was appalled that 13 of Joe Biden’s staff…
comms?
Y = family
RLAP = Resolution Liquidity Adequacy and Positioning for foreign based companies vis-a-vis US Federal Reserve FDIC?
"Resolution Liquidity Adequacy and Positioning (RLAP): With respect to RLAP, the firm
should be able to measure the stand-alone liquidity position of each U.S. non-branch material entity-i.e., the high-quality liquid assets (HQLA) at the U.S. non-branch material entity less net outflows to third parties and affiliates - and ensure that liquidity is readily available to meet any deficits."
https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20170324a21.pdf
went DDG on an RLAP acronym fishing expedition and came up with the FED.
might be 100% irrelevant, but FED is a major element of SWAMP, so can't ignore.
this high finance banking stuff is not in this anon's wheelhouse. will leave this stuff for finfags to pursue, if they feel of merit.
"Commenters offered recommendations on resolution capital and liquidity that primarily covered four areas: (i) Secured support agreements; (ii) tailoring liquidity flow assumptions; (iii) avoiding false positive resolution triggers; and (iv) other requests. Ultimately, the result of these recommendations would be to allow firms to, among other things, reduce the amount of resolution liquidity and capital resources (e.g., Resolution Liquidity Adequacy and Positioning (“RLAP”) and RCAP) that would otherwise be positioned at a material entity."
https://www.federalregister.gov/documents/2019/02/04/2019-00800/final-guidance-for-the-2019