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Regulatory Capital Rules: Implementation of Capital Requirements for Global Systemically Important Bank Holding Companies

Fed · final-rule · Published 2016-12-16 · Effective 2017-01-17 · 81 FR 90952

Document

Document number
2016-29966
Federal Register citation
81 FR 90952
CFR reference
12 CFR 217
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2016-12-16
Effective date
2017-01-17
Docket
Docket No. R-1535

Abstract

The Board of Governors of the Federal Reserve System (Board) is adopting a final rule to make several revisions to its rule regarding risk-based capital surcharges for U.S.-based global systemically important bank holding companies (GSIB surcharge rule). The final rule modifies the GSIB surcharge rule to provide that a bank holding company subject to the rule should continue to calculate its method 1 score and method 2 score under the rule annually using data reported on the firm's Banking Organization Systemic Risk Report (FR Y- 15) as of December 31 of the previous calendar year. In addition, the final rule clarifies that a bank holding company subject to the GSIB surcharge rule must calculate its method 2 score using systemic indicator amounts expressed in billions of dollars.

Source

Authoritative
Federal Register document
Machine
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