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FRS RIN: 7100-AE28 Publication ID: Spring 2015 
Title: ●Regulation Q and WW--Regulatory Capital Rules, Liquidity Coverage Ratio: Interim Final Revisions to the Definition of Qualifying Master Netting Agreement and Related Definitions (Docket No: R-1507) 
Abstract:

The Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System (collectively, the Agencies) invite comment on an interim final rule that amends the definition of ‘‘qualifying master netting agreement’’ under the regulatory capital rules, and the liquidity coverage ratio rule, as well as under the lending limits rule applicable to national banks and Federal savings associations. The Agencies also are proposing to amend the definitions of ‘‘collateral agreement,’’ ‘‘eligible margin loan,’’ and ‘‘repo-style transaction’’ under the regulatory capital rules. The amendments are designed to ensure that the regulatory capital, liquidity, and lending limits treatment of certain financial contracts is not affected by implementation of special resolution regimes in foreign jurisdictions or by the International Swaps and Derivative Association Resolution Stay Protocol.

 

 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 217    12 CFR 208   
Legal Authority: 12 U.S.C. 248(a)    12 U.S.C. 321    12 U.S.C. 322    12 U.S.C. 323    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comments  12/16/2014  79 FR 78287   
Board Expects Further Action  06/00/2015 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Constance Horsley
Deputy Associate Director
Federal Reserve System
Division of Supervision and Regulation,
Washington, DC 20551
Phone:202 452-5239

Thomas R. Boemio
Manager
Federal Reserve System
Division of Banking Supervision and Regulation,
Washington, DC 20551
Phone:202 452-2982

Laurie Schaffer
Deputy General Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-2272