WASHINGTON, April 22 -- Federal Reserve System has issued a proposed rule called: Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement.
The proposed rule was published in the Federal Register on April 22 by Ann E. Misback, Secretary of the Board.
Summary: The Board is inviting public comment on a notice of proposed rulemaking (the proposal) that would amend the calculation of the Board's stress capital buffer requirement applicable to certain large bank holding companies, savings and loan holding companies, U.S. intermediate holding companies of foreign banking organizations, and nonbank financial companies supervised by the Board to reduce the volatility of the stress capital buffer requirement. The proposal would...