80 FR 11349 - Risk-Based Capital Guidelines: Implementation of Capital Requirements for Global Systemically Important Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 41 (March 3, 2015)

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.

[Federal Register Volume 80, Number 41 (Tuesday, March 3, 2015)]
[Proposed Rules]
[Pages 11349-11350]
From the Federal Register Online  [www.thefederalregister.org]
[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]
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