Federal Reserve's novel activities supervision program enhances the supervision of activities conducted by banking organizations supervised by the Federal Reserve.

Federal Reserve's novel activities supervision program enhances the supervision of activities conducted by banking organizations supervised by the Federal Reserve.

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Federal Reserve's novel activities supervision program enhances the supervision of activities conducted by banking organizations supervised by the Federal Reserve.

The program focuses on novel activities related to crypto-assets, DLT, and complex, technology-driven partnerships with nonbanks to deliver financial services to customers. It is risk-focused and complements existing supervisory processes, strengthening the oversight of novel activities conducted by supervised banking organizations.

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