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FRS RIN: 7100-AE48 Publication ID: Fall 2016 
Title: Regulation YY--Single-Counterparty Credit Limits for Large Banking Organizations (Docket No: R-1534) 

Notice of proposed rulemaking that would establish single-counterparty credit limits for domestic and foreign bank holding companies with $50 billion or more in total consolidated assets.  The proposed rules would implement section 165(e) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires the Board to impose limits on the amount of credit exposure that such a domestic or foreign bank holding company can have to an unaffiliated company in order to reduce the risks arising from the company's failure.  The proposed rules, which build on earlier proposed rules by the Board to establish single-counterparty credit limits for large domestic and foreign banking organizations, would increase in stringency based on the systemic importance of the firms to which they apply.

Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 252   
Legal Authority: 12 U.S.C. 321    12 U.S.C. 1818    12 U.S.C. 1844(b)    12 U.S.C. 1844(c)    12 U.S.C. 5365    ...   
Legal Deadline:  None
Action Date FR Cite
Board Requested Comment  03/16/2016  81 FR 14328   
Board Expects Further Action  12/00/2016 
Regulatory Flexibility Analysis Required: Undetermined  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:
Anna Harrington
Senior Supervisory Financial Analyst
Federal Reserve System
Division of Supervision and Regulation,
Washington, DC 20551
Phone:202 452-6406

Benjamin McDonough
Assistant General Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-2036

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