Regulatory Alerts2022-12-19 | 2022-27475Added · Updated
Resolution-Related Resource Requirements for Large Banking Organizations; Extension of Comment Period
The Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation have extended the public comment period for their October 24, 2022, advance notice of proposed rulemaking regarding resolution-related resource requirements for large banking organizations. The agencies determined that an extension is appropriate to allow interested parties additional time to prepare comments on whether an extra layer of loss-absorbing capacity would improve resolution optionality and financial stability. The revised deadline for submitting comments is now January 23, 2023.
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