Notwithstanding any other section
of this part, a Board-regulated institution may exclude exposures
acquired pursuant to a non-recourse loan that is provided as part
of the Money Market Mutual Fund Liquidity Facility, announced by the
Board on March 18, 2020, from total leverage exposure, average total
consolidated assets, advanced approaches total risk-weighted assets,
and standardized total risk-weighted assets, as applicable. For the
purpose of this provision, a Board-regulated institution’s liability
under the facility must be reduced by the purchase price of the assets
acquired with funds advanced from the facility.
