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2012-04-24
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Reserve Requirements of Depository Institutions: Reserves Simplification
Rules and Regulations
D09002ee1bdcbcaba
D09002ee1bdcbcb2c
United States
Federal Reserve System
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org
United States Government Agency or Subagency
The Board is amending Regulation D, Reserve Requirements of Depository Institutions, to simplify the administration of reserve requirements. The final rule creates a common two-week maintenance period for all depository institutions, creates a penalty-free band around reserve balance requirements in place of carryover and routine penalty waivers, discontinues as-of adjustments related to deposit report revisions, replaces all other as-of adjustments with direct compensation, and eliminates the contractual clearing balance program. The amendments are designed to reduce the administrative and operational costs associated with reserve requirements for depository institutions, the Board, and Federal Reserve Banks.
77 FR 21846
https://www.govinfo.gov/app/details/FR-2012-04-12/2012-8562
2012-8562
fr12ap12-4
RIN 7100-AD83
6210-01-P
Regulation D
Docket No. R-1433
https://www.govinfo.gov/app/details/FR-2012-04-12/2012-8562
https://www.govinfo.gov/content/pkg/FR-2012-04-12/html/2012-8562.htm
https://www.govinfo.gov/content/pkg/FR-2012-04-12/pdf/2012-8562.pdf
Banks
Banking
Federal Reserve System
Reporting and Recordkeeping Requirements
9 p.
21846
21854
77 FR 21846
Code of Federal Regulations
Title 12 Part 204
12 CFR Part 204
Regulation Identification Number 7100-AD83
RIN 7100-AD83
Reserve Requirements of Depository Institutions: Reserves Simplification; Federal Register Vol. 77, Issue
RULE
2012-8562
FEDERAL RESERVE SYSTEM
2012-07-12
Regulation D
Docket No. R-1433
6210-01-P
2012-8562
Final rule.
The Board is amending Regulation D, Reserve Requirements of Depository Institutions, to simplify the administration of reserve requirements. The final rule creates a common two-week maintenance period for all depository institutions, creates a penalty-free band around reserve balance requirements in place of carryover and routine penalty waivers, discontinues as-of adjustments related to deposit report revisions, replaces all other as-of adjustments with direct compensation, and eliminates the contractual clearing balance program. The amendments are designed to reduce the administrative and operational costs associated with reserve requirements for depository institutions, the Board, and Federal Reserve Banks.
Effective Date: This rule is effective on July 12, 2012, except that effective on January 24, 2013, the following sections are further amended: Sec. 204.2(z), (ff), (gg) and (hh); Sec. 204.5 (b)(2), (d)(4)(i), and (e); Sec. 204.6 (a) and (b); Sec. 204.10 (b)(1), (b)(3), and (c).
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
Federal Reserve System
Reporting and Recordkeeping Requirements
Reserve Requirements of Depository Institutions:
Reserves Simplification
,
http://www.frbservices.org/centralbank/reservescentral/index.html#rmc
http://www.frbservices.org/regulations/operating_circulars.html
Federal Register
Vol. 77, no. 71
Office of the Federal Register, National Archives and Records Administration
2012-04-12
continuing
daily
deposited
born digital
352 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2012-04-12
P0b002ee1825d1654
0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr12ap12
https://www.govinfo.gov/app/details/FR-2012-04-12
https://www.govinfo.gov/content/pkg/FR-2012-04-12/pdf/FR-2012-04-12.pdf
https://www.govinfo.gov/content/pkg/FR-2012-04-12/xml/FR-2012-04-12.xml
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21841
22184
DGPO
2012-04-24
2023-04-30
FR-2012-04-12
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FR
FR-2012-04-12
77
71