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 2016_register executive 2016-03-15 article Part IV Proposed Rules D09002ee1c7f66ea0 D09002ee1c7f66f96 United States Federal Reserve System originator org United States Government Agency or Subagency The Board is inviting comment on proposed rules that would establish single-counterparty credit limits for domestic and foreign bank holding companies with $50 billion or more in total consolidated assets. The proposed rules would implement section 165(e) of the Dodd- Frank Wall Street Reform and Consumer Protection Act, which requires the Board to impose limits on the amount of credit exposure that such a domestic or foreign bank holding company can have to an unaffiliated company in order to reduce the risks arising from the company's failure. The proposed rules, which build on earlier proposed rules by the Board to establish single-counterparty credit limits for large domestic and foreign banking organizations, would increase in stringency based on the systemic importance of the firms to which they apply. 81 FR 14328 https://www.govinfo.gov/app/details/FR-2016-03-16/2016-05386 2016-05386 fr16mr16-27 P Regulation YY Docket No. R-1534 https://www.govinfo.gov/app/details/FR-2016-03-16/2016-05386 https://www.govinfo.gov/content/pkg/FR-2016-03-16/html/2016-05386.htm https://www.govinfo.gov/content/pkg/FR-2016-03-16/pdf/2016-05386.pdf Administrative Practice and Procedure Banks Banking Federal Reserve System Holding Companies Reporting and Recordkeeping Requirements Securities 37 p. 14328 14364 81 FR 14328 Title 12 Part 252 12 CFR Part 252 Single-Counterparty Credit Limits for Large Banking Organizations; Federal Register Vol. 81, Issue PRORULE 2016-05386 IV FEDERAL RESERVE SYSTEM 2016-06-03 Regulation YY Docket No. R-1534 P 2016-05386 Notice of proposed rulemaking.

The Board is inviting comment on proposed rules that would establish single-counterparty credit limits for domestic and foreign bank holding companies with $50 billion or more in total consolidated assets. The proposed rules would implement section 165(e) of the Dodd- Frank Wall Street Reform and Consumer Protection Act, which requires the Board to impose limits on the amount of credit exposure that such a domestic or foreign bank holding company can have to an unaffiliated company in order to reduce the risks arising from the company's failure. The proposed rules, which build on earlier proposed rules by the Board to establish single-counterparty credit limits for large domestic and foreign banking organizations, would increase in stringency based on the systemic importance of the firms to which they apply.

Comments should be received by June 3, 2016. Jordan Bleicher, Senior Supervisory Financial Analyst, (202) 973-6123, Division of Banking Supervision and Regulation; or Laurie Schaffer, Associate General Counsel, (202) 452- 2272, Benjamin McDonough, Special Counsel, (202) 452-2036, Pam Nardolilli, Senior Counsel, (202) 452-3289, or Lucy Chang, Attorney, (202) 475-6331, 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. Administrative Practice and Procedure Banks Banking Federal Reserve System Holding Companies Reporting and Recordkeeping Requirements Securities Single-Counterparty Credit Limits for Large Banking Organizations , regs.comments@federalreserve.gov http://www.bis.org/bcbs/publ/d347.pdf http://www.bis.org/press/p140415.htm http://www.bis.org/publ/bcbs279.htm http://www.federalreserve.gov http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm http://www.federalreserve.gov/newsevents/press/bcreg/20111220a.htm http://www.federalreserve.gov/newsevents/press/bcreg/20121214a.htm http://www.fsb.org/ http://www.regulations.gov Vol. 81, no. 51 Office of the Federal Register, National Archives and Records Administration 2016-03-16 continuing daily deposited born digital 410 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2016-03-16 P0b002ee18ef09718 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr16mr16 https://www.govinfo.gov/app/details/FR-2016-03-16 https://www.govinfo.gov/content/pkg/FR-2016-03-16/pdf/FR-2016-03-16.pdf https://www.govinfo.gov/content/pkg/FR-2016-03-16/xml/FR-2016-03-16.xml fdlp 13967 14367 DGPO 2016-03-15 2024-06-02 FR-2016-03-16 machine generated eng FR FR-2016-03-16 81 51