Board of Governors of the Federal Reserve System

Press Releases and Notices

March 8, 2024

Press Release

Federal Reserve Board announces final rule that updates risk management requirements for certain systemically important financial market utilities (FMUs) supervised by the Board

Federal Register notice

Regulation HH - Designated Financial Market Utilities (415 KB PDF)

September 23, 2022

Press Release

Federal Reserve Board invites comment on updates to operational risk-management requirements for certain systemically important financial market utilities (FMUs) supervised by the Board

Federal Register notices

Regulation HH - Designated Financial Market Utilities (345 KB PDF)

October 28, 2014

Press Release

Federal Reserve Board issues final rule to amend Regulation HH and Payment System Risk policy

Federal Register notices

Policy on Payment System Risk (300 KB PDF)

Regulation HH - Designated Financial Market Utilities (271 KB PDF)

January 10, 2014

Press Release

Federal Reserve Board requests comment on proposed revisions to Regulation HH risk-management standards and part I of the Federal Reserve Policy on Payment System Risk

Federal Register notices

Regulation HH – Designated Financial Market Utilities (467 KB PDF)

Policy on Payment System Risk (281 KB PDF)

December 5, 2013

Press Release

Federal Reserve Board announces final rule regarding Federal Reserve Bank accounts and services for financial market utilities designated as systemically important

Federal Register notice

Final Rule – Regulation HH – Designated Financial Market Utilities (250 KB PDF)

February 26, 2013

Press Release

Federal Reserve Board requests comment on proposed rule regarding Federal Reserve Bank accounts and services for financial market utilities designated as systemically important

Federal Register notice

Regulation HH – Designated Financial Market Utilities (244 KB PDF)

July 30, 2012

Press Release

Federal Reserve Board announces final rule establishing risk-management standards for financial market utilities designated as systemically important by the Financial Stability Oversight Council

Federal Register notice

Final Rule – Regulation HH – Designated Financial Market Utilities (279 KB PDF)

July 18, 2012

Press Release

Financial Stability Oversight Council Makes First Designations in Effort to Protect Against Future Financial Crises

March 30, 2011

Press Release

Federal Reserve seeks comment on proposed rule related to supervision of designated financial market utilities

Federal Register notice

Regulation HH – Designated Financial Market Utilities (113 KB PDF)