View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

FRS RIN: 7100-AE28 Publication ID: Fall 2016 
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 are also 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: Previously 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 to 323    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comment  12/16/2014  79 FR 78287   
Board Expects Further Action  03/00/2017 
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