Regulatory Alerts2023-10-27 | 2023-23672Risk-Based Capital Surcharges for Global Systemically Important Bank Holding Companies; Systemic Risk Report (FR Y-15); Extension of Comment Period
The Board of Governors of the Federal Reserve System extends the public comment period for its September 1, 2023, proposed rule regarding risk-based capital surcharges for global systemically important bank holding companies. The Board also extends the comment period for a separate proposal to substantially revise capital requirements applicable to large banking organizations and those with significant trading activity. The new deadline for submitting comments on both proposals is January 16, 2024.
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