Update on New Automated Loan Deposit (ALD) Collateral Report Submission Requirements
The Federal Reserve is implementing new ALD collateral report submission requirements affecting select institutions for Discount Window lending and Payment System Risk purposes, beginning in May 2019 and targeted to take effect by year-end 2020. The new submission requirements can be viewed on the Discount Window & Payment System Risk website. Please review the November 28, 2017, Collateral Bulletin, the February 6, 2018, Collateral Bulletin, as well as the related FAQs for more information about the changes. Please contact your Reserve Bank for additional information.