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FRS | RIN: 7100-AE09 | Publication ID: Spring 2015 |
Title: Regulation HH--Financial Market Utilities (Docket No: R-1477) | |
Abstract:
The Board of Governors of the Federal Reserve System (Board) finalized amendments to the risk-management standards currently in the Board's Regulation HH, part 234 of title 12 of the Code of Federal Regulations, by replacing the previous risk-management standards in section 234.3 (for payment systems) and section 234.4 (for central securities depositories and central counterparties) with a common set of risk-management standards applicable to all types of designated FMUs in section 234.3. The Board also finalized related amendments to definitions in section 234.2. |
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Agency: Federal Reserve System(FRS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 234 | |
Legal Authority: 12 U.S.C. 5464 (a)(1)(A) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: Yes | |
Agency Contact: Jennifer A. Lucier Deputy Associate Director Federal Reserve System Reserve Bank Operations and Payment Systems, Phone:202 872-7581 Chris Clubb Special Counsel Federal Reserve System Legal Division, Phone:202 452-3904 |