Base
Proposed Rule2023-262022023-11-29

Long-Term Debt Requirements for Large Bank Holding Companies, Certain Intermediate Holding Companies of Foreign Banking Organizations, and Large Insured Depository Institutions; Extension of Comment Period

Treasury Department, Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation

Abstract

On September 19, 2023, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the "agencies") published in the Federal Register a proposal to require certain large depository institution holding companies, U.S. intermediate holding companies of foreign banking organizations, and insured depository institutions, to issue and maintain outstanding a minimum amount of long-term debt. The agencies have determined that an extension of the comment period until January 16, 2024, is appropriate.

Action & Dates

Action
Notice of proposed rulemaking; extension of comment period.
Dates
The comment period for the proposed rule published at 88 FR 64524 (September 19, 2023) is extended. Comments must be received by January 16, 2024.
Effective Date
2023-09-19

CFR References

Public Comment

Comments Close
2024-01-16

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of the Comptroller of the Currency 12 CFR Parts 3 and 54 [Docket ID OCC-2023-0011] RIN 1557-AF21 Federal Reserve System 12 CFR Parts 216, 217, 238, and 252 [Regulations P, Q, LL, and YY; Docket No. R-1815] RIN 7100-AG66 Federal Deposit Insurance Corporation 12 CFR Parts 324 and 374 RIN 3064-AF86 ( printed page 83364) AGENCY: Office of the Comptroller of the Currency, Department of the Treasury; Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation. ACTION: Notice of proposed rulemaking; extension of comment period. SUMMARY: On September 19, 2023, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the “agencies”) published in the Federal Register a proposal to require certain large depository institution holding companies, U.S. intermediate holding companies of foreign banking organizations, and insured depository institutions, to issue and maintain outstanding a minimum amount of long-term debt. The agencies have determined that an extension of the comment period until January 16, 2024, is appropriate. DATES: The comment period for the proposed rule published at 88 FR 64524 (September 19, 2023) is extended. Comments must be received by January 16, 2024. ADDRESSES: Comments should be directed to: OCC: Commenters are encouraged to submit comments through the Federal

Read full document on FederalRegister.gov →

Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 88 FR 83364