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FRS RIN: 7100-AE33 Publication ID: Fall 2015 
Title: ●Regulation Y and YY--Amendments to the Capital Plan and Stress Test Rules (Docket No: R-1517) 
Abstract:

The Board of Governors of the Federal Reserve System (Board) invites comment on a notice of proposed rulemaking to revise the capital plan and stress test rules for large bank holding companies and certain banking organizations with total consolidated assets of more than $10 billion.  The proposed changes would apply beginning with the 2016 capital plan and stress test cycles.  For all banking organizations, the proposal would remove the tier 1 common capital ratio requirement.  For large bank holding companies, the proposal would modify the stress test capital action assumptions.  For banking organizations subject to the advanced approaches, the proposal would delay the incorporation of the supplementary leverage ratio for one year and indefinitely defer the use of the advanced approaches risk-based capital framework in the capital plan and stress test rules.  For bank holding companies with total consolidated assets of more than $10 billion but less than $50 billion and savings and loan holding companies with total consolidated assets of more than $10 billion, the proposal would eliminate the fixed assumptions regarding dividend payments for company-run stress tests and delay the application of stress testing for these savings and loan holding companies for one year.  The proposal would also make certain technical amendments to the capital plan and stress test rules to incorporate changes related to other rulemakings.

 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 225    12 CFR 252   
Legal Authority: 12 U.S.C. 1817(j)(13)    12 U.S.C. 1818    12 U.S.C 1828(0)    12 U.S.C 1831i    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comments  07/23/2015  80 FR 43637   
Board Expects Further Action  11/00/2015 
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