[Federal Register Volume 80, Number 41 (Tuesday, March 3, 2015)]
[Proposed Rules]
[Pages 11349-11350]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-04438]
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FEDERAL RESERVE SYSTEM
12 CFR Part 217
[Regulation Q; Docket No. R-1505]
RIN 7100-AD-26
Risk-Based Capital Guidelines: Implementation of Capital
Requirements for Global Systemically Important Bank Holding Companies
AGENCY: Board of Governors of the Federal Reserve System (Board).
ACTION: Proposed rule; extension of comment period.
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SUMMARY: On December 18, 2014, the Board published in the Federal
Register a proposal to implement risk-based capital surcharges for
U.S.-based global systemically important banking organizations.
Due to the range and complexity of the issues addressed in the
proposed rulemaking, the public comment period has been extended until
April 3, 2015. This action will allow interested persons additional
time to analyze the proposal and prepare their comments.
DATES: The comment period for the proposed rule published on December
18, 2014 (79 FR 75473) to implement risk-based capital surcharges for
U.S.-based global systemically important banking organizations is
extended from March 2, 2015 to April 3, 2015.
ADDRESSES: You may submit comments by any of the methods identified in
the proposed rule.\1\ Please submit your comments using only one
method.
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\1\ See 79 FR 75473 (December 18, 2014).
FOR FURTHER INFORMATION CONTACT: Jordan Bleicher, Senior Supervisory
Financial Analyst, (202) 973-6123, or Holly Kirkpatrick, Supervisory
Financial Analyst, (202) 452-2796, Division of Banking Supervision and
Regulation, or Christine Graham, Senior Attorney, (202) 452-3005, Legal
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Division.
SUPPLEMENTARY INFORMATION: On December 18, 2014, the Board published in
the Federal Register a proposal to implement risk-based capital
surcharges for U.S.-based global systemically important banking
organizations.\2\ The proposed rule stated that the public comment
period would close on March 2, 2015.\3\
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\2\ See 79 FR 75473 (December 18, 2014).
\3\ Id.
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The Board has received a comment letter requesting that the Board
extend the comment period for the proposal.\4\ The commenter suggested
that an extension of the comment period would facilitate more detailed
comments about the implications of the proposal and its potential
consequences.
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\4\ See, e.g., Comment letter to the Board from The Clearing
House (February 20, 2015).
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Due to the range and complexity of the issues addressed in the
proposed rulemaking, the public comment period has been extended until
April 3, 2015. This action will allow interested persons additional
time to analyze the proposal and prepare their comments.
By order of the Board of Governors of the Federal Reserve
System, acting through the
[[Page 11350]]
Secretary of the Board under delegated authority, February 26, 2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-04438 Filed 3-2-15; 8:45 am]
BILLING CODE P