Risk-Based Capital Surcharges for Global Systemically Important Bank Holding Companies; Systemic Risk Report (FR Y-15); Extension of Comment Period
Abstract
On September 1, 2023, the Board of Governors of the Federal Reserve System (Board) published in the Federal Register a proposal to amend the Board's rule that identifies and establishes risk-based capital surcharges for global systemically important bank holding companies. The Board has determined that an extension of the comment period until January 16, 2024, is appropriate.
Federal Register Source
This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.
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Frequently Asked Questions
What is the 2023-23672 Federal Register document?
Document 2023-23672 is a Proposed Rule published by the Federal Reserve System in the Federal Register on October 27, 2023. On September 1, 2023, the Board of Governors of the Federal Reserve System (Board) published in the Federal Register a proposal to amend the Board's rule that identifies and establishes risk-based capital surcharges for global systemically important bank holding companies. The Board has determined that an extension of the comment period until January 16, 2024, is appropriate. View the original at https://www.federalregister.gov/documents/2023/10/27/2023-23672/risk-based-capital-surcharges-for-global-systemically-important-bank-holding-companies-systemic-risk.
Is document 2023-23672 an economically significant rule?
No. Document 2023-23672 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.