2022-10-24 | 2022-23003The Federal Reserve Board and FDIC are soliciting public comment on whether to impose an additional layer of loss-absorbing capacity requirements on large non-GSIB banking organizations. This proposed measure aims to expand the FDIC’s resolution optionality, mitigate contagion risk by protecting uninsured depositors, and reduce the likelihood of costly, disorderly failures among firms exceeding $100 billion in consolidated assets. The agencies will evaluate the potential financial stability benefits against the costs and impacts on credit availability before potentially finalizing new prudential standards for Category II and III institutions.