United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2011_register executive 2011-10-18 article Proposed Rules D09002ee1c7ff27ff D09002ee1c7ff288d United States Federal Reserve System originator org United States Government Agency or Subagency The Board is requesting public comment on proposed amendments to Regulation D, Reserve Requirements of Depository Institutions, to simplify the administration of reserve requirements. The proposed amendments would create a common two-week maintenance period for all depository institutions, create a penalty-free band around reserve balance requirements in place of carryover and routine penalty waivers, discontinue as-of adjustments related to deposit revisions, replace all other as-of adjustments with direct compensation, and eliminate the contractual clearing balance program. The proposed amendments are designed to reduce the administrative and operational costs associated with reserve requirements for both depository institutions and the Federal Reserve. The Board is requesting comment on all aspects of the proposal. In connection with the proposed elimination of the contractual clearing balance program, the Board is requesting comment on several issues related to the methodology used for the Private Sector Adjustment Factor that is part of the pricing of Federal Reserve Bank services. 76 FR 64250 https://www.govinfo.gov/app/details/FR-2011-10-18/2011-26770 2011-26770 fr18oc11-14 6210-01-P Regulation D Docket No. R-1433 https://www.govinfo.gov/app/details/FR-2011-10-18/2011-26770 https://www.govinfo.gov/content/pkg/FR-2011-10-18/html/2011-26770.htm https://www.govinfo.gov/content/pkg/FR-2011-10-18/pdf/2011-26770.pdf Banks Banking Reporting and Recordkeeping Requirements 10 p. 64250 64259 76 FR 64250 Title 12 Part 204 12 CFR Part 204 Reserve Requirements of Depository Institutions: Reserves Simplification and Private Sector Adjustment Factor; Federal Register Vol. 76, Issue PRORULE 2011-26770 FEDERAL RESERVE SYSTEM 2011-12-19 Regulation D Docket No. R-1433 6210-01-P 2011-26770 Notice of proposed rulemaking; request for public comment.

The Board is requesting public comment on proposed amendments to Regulation D, Reserve Requirements of Depository Institutions, to simplify the administration of reserve requirements. The proposed amendments would create a common two-week maintenance period for all depository institutions, create a penalty-free band around reserve balance requirements in place of carryover and routine penalty waivers, discontinue as-of adjustments related to deposit revisions, replace all other as-of adjustments with direct compensation, and eliminate the contractual clearing balance program. The proposed amendments are designed to reduce the administrative and operational costs associated with reserve requirements for both depository institutions and the Federal Reserve. The Board is requesting comment on all aspects of the proposal. In connection with the proposed elimination of the contractual clearing balance program, the Board is requesting comment on several issues related to the methodology used for the Private Sector Adjustment Factor that is part of the pricing of Federal Reserve Bank services.

Comments must be submitted by December 19, 2011. Kara Handzlik, Senior Attorney (202) 452-3852, Legal Division, or Margaret Gillis DeBoer, Assistant Director (202) 452-3139, or Heather Wiggins, Senior Financial Analyst (202) 452- 3674, Division of Monetary Affairs, or, for questions regarding the Private Sector Adjustment Factor, Gregory Evans, Deputy Associate Director (202) 452-3945, or Brenda Richards, Manager (202) 452-2753, Division of Reserve Bank Operations and Payment Systems; for users of Telecommunications Device for the Deaf (TDD) only, contact (202) 263- 4869; Board of Governors of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 20551. Banks Banking Reporting and Recordkeeping Requirements Reserve Requirements of Depository Institutions: Reserves Simplification and Private Sector Adjustment Factor , regs.comments@federalreserve.gov http://www.federalreserve.gov http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm http://www.frbservices.org/centralbank/reservescentral/index.html#rmc http://www.frbservices.org/regulations/operating_circulars.html http://www.regulations.gov Vol. 76, no. 201 Office of the Federal Register, National Archives and Records Administration 2011-10-18 continuing daily deposited born digital 563 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2011-10-18 P0b002ee180ea1bfe 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr18oc11 https://www.govinfo.gov/app/details/FR-2011-10-18 https://www.govinfo.gov/content/pkg/FR-2011-10-18/pdf/FR-2011-10-18.pdf https://www.govinfo.gov/content/pkg/FR-2011-10-18/xml/FR-2011-10-18.xml fdlp 64229 64780 DGPO 2011-10-18 2024-06-03 FR-2011-10-18 machine generated eng FR FR-2011-10-18 76 201