Regulatory Alerts2022-12-19 | 2022-27475Added · Updated
Resolution-Related Resource Requirements for Large Banking Organizations; Extension of Comment Period
The Federal Reserve Board and the FDIC are extending the public comment period for their advance notice of proposed rulemaking on resolution-related resource requirements for large banking organizations. The extension moves the deadline from December 23, 2022, to January 23, 2023, allowing stakeholders additional time to evaluate whether an extra layer of loss-absorbing capacity would improve resolution optionality and mitigate financial stability risks. Agencies invite all interested parties to submit comments on the costs, benefits, and broader policy implications of this potential requirement before the new deadline.
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