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New York

EFFECTIVE DATE: August 19, 2022

The Board of Governors of the Federal Reserve System has adopted final Guidelines for Evaluating Account and Services Requests (Off-site). These Guidelines became effective on August 19, 2022. They establish a robust framework for assessing access requests for New York Fed account and financial services and supersede the New York Fed’s Account and Financial Services Handbook for considering such requests. Going forward, all requests for New York Fed accounts or financial services will be evaluated under the Guidelines. The New York Fed will reach out directly to institutions with pending requests to provide next steps in the coming weeks. The adoption of the Guidelines does not relieve existing New York Fed customers of obligations under the Handbook or under terms governing the account and services relationship with the New York Fed.
Federal Reserve Bank of New York Account and Financial Services Handbook (“Handbook”) and Related Documentation

Guidelines for Evaluating Account and Services Requests (Off-site)