2020-11-10 | 2020-24436Added · Updated
The Board of Governors of the Federal Reserve System issued a correction to its October 7, 2020 proposed rule regarding capital planning and stress testing requirements for large bank holding companies, intermediate holding companies, and savings and loan holding companies. This document corrects the OMB control number for reporting form FR LL and updates the estimated recordkeeping burden hours associated with the FR YY information collection. The Board requests public comments on these corrections by November 20, 2020.
This section of the FEDERAL REGISTER contains notices to the public of the proposed issuance of rules and regulations. The purpose of these notices is to give interested persons an opportunity to participate in the rule making prior to the adoption of the final rules. Proposed Rules Federal Register 71580 Vol. 85, No. 218 Tuesday, November 10, 2020 FEDERAL RESERVE SYSTEM 12 CFR Parts 225, 238, and 252 [Regulations Y, LL, and YY; Docket No. R– 1724] RIN 7100–AF95 Amendments to Capital Planning and Stress Testing Requirements for Large Bank Holding Companies, Intermediate Holding Companies and Savings and Loan Holding Companies; Correction AGENCY: Board of Governors of the Federal Reserve System (Board). ACTION: Notice of proposed rulemaking with request for comment; correction. SUMMARY: This document corrects the portions of the discussion related to collections of information published with a proposed rule published in the Federal Register of October 7, 2020, regarding Amendments to Capital Planning and Stress Testing Requirements for Large Bank Holding Companies, Intermediate Holding Companies and Savings and Loan Holding Companies. This correction adds the OMB control number for the reporting form FR LL. In addition, the previously published document incorrectly listed the estimated recordkeeping burden associated with the FR YY information collection. This correction also provides a corrected burden estimate. DATES: Comments must be received by November 20, 2020. FOR FURTHER INFORMATION CONTACT: Mark Tokarski, Lead Regulatory Analyst (202) 452–5241 or Robert Dahl, Senior Regulatory Analyst, (202) 452–7627, Office of Data Management and Business Services. For the hearing impaired and users of TDD please call (202) 263–4869. You may also contact any of the individuals named in the proposed rule published on October 7, 2020 at 82 FR 63228. SUPPLEMENTARY INFORMATION: Corrections In proposed rule FR Doc. 2020–22166, beginning on page 63222 in the issue of October 7, 2020, make the following corrections in the Supplementary Information section:
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