Article

The Volcker Rule 2.1 Final rule implementing amendments to the Volcker rule

Published Date
Jul 30 2020
On 25 June 2020, the easing of restrictions in the Volcker Rule, formulated as part of the 2010 Dodd-Frank Act, will permit banks to invest in certain covered funds. 

This means that banks will be allowed to engage with various types of private funds via the “2020 Final Covered Funds Rule”, which modifies and simplifies the requirements regarding covered fund provisions in the existing Volcker Rule.

Financial market participants should now have greater clarity when it comes to compliance with the Volcker Rule and banks will have greater flexibility to sponsor covered funds. These reforms will also allow banks to engage in lending activities through debt funds, amongst other proposals which have been adopted. To learn what these changes mean for your organization, click the button to download the PDF.

Downloads

Great Fund Insights - Final rule implementing amendments to the Volcker rule

pdf127.3 KB
Content Disclaimer

This content was originally published by Allen & Overy before the A&O Shearman merger