Events listed in Bank Holding Company Act
Agency Information Collection Activities: Announcement of Board Approval under ...
ID 26175
The Board of Governors of the Federal Reserve System (FED) has published in the Federal Register its approval to extend for three years – with revisions – certain reporting requirements of foreign banking organizations (FBOs). The approval follows a corresponding prior consultation which was launched in June 2022 (please see EventID 15865 in this context for more information). Specifically, the FED will extend – ...
Agency Information Collection Activities: Announcement of Board Approval Under ...
ID 26082
On December 5, 2023, the Board of Governors of the Federal Reserve System (FED) published in the Federal Register its approval to extend for three years, with revisions, the collection of two reports to be filed by bank holding companies, savings and loan holding companies, U.S. intermediate holding companies, and – in case of the second report- by financial holding companies (FHCs). The following ...
SR 23-7
ID 24592
The Federal Reserve has announced a new „Novel Activities Supervision Program“ (Program), which focuses on supervision and oversight of banking activities on „crypto-assets, distributed ledger technology (DLT), and complex, technology-driven partnerships with nonbanks“. The reasoning behind it is that while technology and innovation can benefit customers and be tailored-to their needs, it also can lead to thus far unknown risks and material losses. The ...
Federal Reserve Board announces the individual capital requirements for all large ...
ID 24426
Following the results of recently conducted stress tests, the Board of Governors of the Federal Reserve System (FED) announced the new capital requirements of large institutions in the U.S., which are those institutions with total consolidated assets of more than $100 billion. These capital requirements include a) a tier one minimum capital buffer of 4.5% for all institutions; b) an individual capital buffer based ...
Proposed Agency Information Collection Activities; Comment Request (FED proposes to ...
ID 24280
On July 19, 2023, the Board of Governors of the Federal Reserve System (FED) published in the Federal Register a proposal to extend for three years, with revisions, the collection of two reports to be filed by bank holding companies, savings and loan holding companies, U.S. intermediate holding companies, and – in case of the second report- by financial holding companies (FHCs). The following ...
Rules of Practice for Hearings
ID 21427
The Board of Governors of the Federal Reserve System (FED) has published in the Federal Register the annual inflation adjustment to the civil money penalty amounts for certain conduct violations under the Bank Holding Company Act, the Federal Deposit Insurance Act, the Federal Reserve Act and / or subsequent orders and regulations. The adjustments apply to (bank) holding companies and savings institutions. The amount ...
Agencies issue joint statement on crypto-asset risks to banking organizations
ID 21352
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FED), and the Federal Deposit Insurance Corporation (FDIC) have published a joint statement as regards crypto-assets in the banking sector. Therein, the regulators outline the key risks associated with crypto-assets and corresponding activities and engagements in such assets including the following, among others: – the risk ...