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 2015_register executive 2018-02-23 article Part III Rules and Regulations D09002ee1c7f73e77 D09002ee1c7f73fb0 United States Federal Reserve System originator org United States Government Agency or Subagency The Board of Governors of the Federal Reserve System is adopting a final rule that establishes risk-based capital surcharges for the largest, most interconnected U.S.-based bank holding companies pursuant to section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The final rule requires a U.S. top-tier bank holding company that is an advanced approaches institution to calculate a measure of its systemic importance. A bank holding company whose measure of systemic importance exceeds a defined threshold would be identified as a global systemically important bank holding company and would be subject to a risk-based capital surcharge (GSIB surcharge). The GSIB surcharge is phased in beginning on January 1, 2016, through year-end 2018, and becomes fully effective on January 1, 2019. The final rule also revises the terminology used to identify the bank holding companies subject to the enhanced supplementary leverage ratio standards to ensure consistency in the scope of application between the enhanced supplementary leverage ratio standards and the GSIB surcharge framework. 80 FR 49082 https://www.govinfo.gov/app/details/FR-2015-08-14/2015-18702 2015-18702 fr14au15-25 RIN 7100 AE26 6210-01-P Regulations H and Q Docket No. R-1505 https://www.govinfo.gov/app/details/FR-2015-08-14/2015-18702 https://www.govinfo.gov/content/pkg/FR-2015-08-14/html/2015-18702.htm https://www.govinfo.gov/content/pkg/FR-2015-08-14/pdf/2015-18702.pdf Accounting Agriculture Banks Banking Confidential Business Information Consumer Protection Crime Currency Global Systemically Important Bank Insurance Investments Mortgages Reporting and Recordkeeping Requirements Securities Administrative Practice and Procedure Holding Companies 35 p. 49082 49116 80 FR 49082 Title 12 Part 208 12 CFR Part 208 Title 12 Part 217 12 CFR Part 217 RIN 7100 AE26 Regulatory Capital Rules: Implementation of Risk-Based Capital Surcharges for Global Systemically Important Bank Holding Companies; Federal Register Vol. 80, Issue RULE 2015-18702 III FEDERAL RESERVE SYSTEM 2015-12-01 Regulations H and Q Docket No. R-1505 6210-01-P 2015-18702 Final rule.

The Board of Governors of the Federal Reserve System is adopting a final rule that establishes risk-based capital surcharges for the largest, most interconnected U.S.-based bank holding companies pursuant to section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The final rule requires a U.S. top-tier bank holding company that is an advanced approaches institution to calculate a measure of its systemic importance. A bank holding company whose measure of systemic importance exceeds a defined threshold would be identified as a global systemically important bank holding company and would be subject to a risk-based capital surcharge (GSIB surcharge). The GSIB surcharge is phased in beginning on January 1, 2016, through year-end 2018, and becomes fully effective on January 1, 2019. The final rule also revises the terminology used to identify the bank holding companies subject to the enhanced supplementary leverage ratio standards to ensure consistency in the scope of application between the enhanced supplementary leverage ratio standards and the GSIB surcharge framework.

The final rule is effective December 1, 2015, except that amendatory instructions 2, 3, 6, 8, and 10 amending 12 CFR 208.41, 208.43, 217.1, 217.2, and 217.11 are effective January 1, 2018. Anna Lee Hewko, Deputy Associate Director, (202) 530-6260, Constance M. Horsley, Assistant Director, (202) 452-5239, Juan C. Climent, Manager, (202) 872-7526, Jordan Bleicher, Senior Supervisory Financial Analyst, (202) 973-6123, Holly Kirkpatrick Taylor, Supervisory Financial Analyst, (202) 452-2796, or Mark Savignac, Senior Financial Analyst, (202) 475-7606, Division of Banking Supervision and Regulation; or Laurie Schaffer, Associate General Counsel, (202) 452-2272, Christine Graham, Counsel, (202) 452- 3005, or Mark Buresh, Attorney, (202) 452-5270, Legal Division. Board of Governors of the Federal Reserve System, 20th and C Streets NW., Washington, DC 20551. For the hearing impaired only, Telecommunications Device for the Deaf (TDD) users may contact (202) 263-4869. Accounting Agriculture Banks Banking Confidential Business Information Consumer Protection Crime Currency Global Systemically Important Bank Insurance Investments Mortgages Reporting and Recordkeeping Requirements Securities Administrative Practice and Procedure Holding Companies Regulatory Capital Rules: Implementation of Risk-Based Capital Surcharges for Global Systemically Important Bank Holding Companies , http://fic.wharton.upenn.edu/fic/papers/06/0605.pdf http://www.bis.org/bcbs/gsib/ http://www.bis.org/bcbs/gsib/gsibs_as_of_2014.htm http://www.bis.org/publ/bcbs207.htm http://www.bis.org/publ/bcbs255.htm http://www.dnb.nl/en/news/news-and-archive/dnbulletin-2014/dnb306988.jsp http://www.federalreserve.gov/newsevents/speech/tarullo20131122a.htm http://www.fi.se/upload/90_English/20_Publications/20_Miscellanous/2014/kapital_eng.pdf http://www.newyorkfed.org/research/staff_reports/sr616.pdf https://www.ecb.europa.eu/stats/exchange/eurofxref/html/index.en.html https://www.finma.ch/en www.bis.org/publ/bcbs173.pdf Vol. 80, no. 157 Office of the Federal Register, National Archives and Records Administration 2015-08-14 continuing daily deposited born digital 443 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2015-08-14 P0b002ee1988baefa 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr14au15 https://www.govinfo.gov/app/details/FR-2015-08-14 https://www.govinfo.gov/content/pkg/FR-2015-08-14/pdf/FR-2015-08-14.pdf https://www.govinfo.gov/content/pkg/FR-2015-08-14/xml/FR-2015-08-14.xml fdlp 48683 49116 DGPO 2018-02-23 2024-06-02 FR-2015-08-14 machine generated eng FR FR-2015-08-14 80 157