skip to main navigation skip to secondary navigation skip to content
Board of Governors of the Federal Reserve System
skip secondary navigation
Federal Reserve Board of Governors

Freedom of Information Office

Skip over FOIA navigation

Proposals for Comment

The Board has requested public comment on the proposals listed below. Comments can be submitted through this web site using the "Submit comment" links. Comments may also be submitted in writing or by electronic mail (see text of each proposal for contact information). Please note the closing date for each comment period.

Public comments on the proposals and, if publicly available, related staff materials can be viewed by following the associated links. Public comments may also be viewed electronically or in paper form in Room 3515, 1801 K Street, N.W., Washington, D.C. 20006 between 9:00 a.m. and 5:00 p.m. on weekdays. All comments are reproduced without alteration except when necessary for technical reasons.

The proposals are grouped by subject: (1) Dodd-Frank Act Proposals, (2) regulations ("Rulemaking Proposals"), (3) policies ("Other Proposals"), (4) reports of financial and other information ("Information Collection Proposals"), and (5) Economic Growth Regulatory Paperwork Reduction Act of 1996 ("EGRPRA"). Under each heading, the proposals are listed in reverse order of publication in the Federal Register, with the most recently published proposal as the first entry.

The rules and proposed rules that the Board expects to issue during the next six months are summarized in the Unified Agenda (also known as the Semiannual Regulatory Agenda), which is published twice a year in the Federal Register. View the Board's Unified Agenda (PDF).

You can find, review, and submit comments on other federal documents that are open for comment and published in the Federal Register at Regulations.gov.

 

Rulemaking Proposals

Proposals concerning Board regulations codified in the Code of Federal Regulations

Regulation WW: Liquidity Coverage Ratio: Treatment of U.S. Municipal Securities as High-Quality Liquid Assets [R-1514]

The Board of Governors of the Federal Reserve System (Board) invites public comment on a proposed rule that would amend the Board's liquidity coverage ratio requirement (LCR) to include certain U.S. municipal securities as high-quality liquid assets (HQLA). The proposed rule would include as level 2B liquid assets under the LCR general obligation securities of a public sector entity that meet the same criteria as corporate debt securities that are included as level 2B liquid assets, subject to limits that are intended to address the unique structure of the U.S. municipal securities market.

Closing date for comments: 07/24/2015

Submit comment on this proposal |  View comments on this proposal

Regulation D: Reserve Requirements for Depository Institutions [R-1513]

The Board is requesting comment on proposed amendments to Regulation D (Reserve Requirements of Depository Institutions) regarding the payment of interest on certain balances maintained at Federal Reserve Banks by or on behalf of eligible institutions.

Closing date for comments: 05/18/2015

Submit comment on this proposal |  View comments on this proposal

Regulatory Capital Rules: Interim Final Rule to Exempt Small Savings and Loan Holding Companies from the Regulatory Capital Rules [R-1508]

The Board invites comment on an interim final rule that would exempt savings and loan holding companies that have total consolidated assets of less than $500 million and meet certain other requirements from the Board's regulatory capital requirements (Regulation Q). The amendments implement Public Law 113-250, which exempts small savings and loan holding companies from the minimum capital requirements mandated by section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that would meet the Board's Small Bank Holding Company Policy Statement if they were bank holding companies. In connection with this interim final rule, the Board is proposing to remove the requirement that qualifying savings and loan holding companies complete Schedule SC-R, Part I (Regulatory Capital Components and Ratios), of form FR Y-9SP (Parent Company Only Financial Statements for Small Holding Companies).

Closing date for comments: 03/4/2015

Submit comment on this proposal |  View comments on this proposal

Regulation H: Loans in Areas Having Special Flood Hazards [R-1498]

The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), the Farm Credit Administration (FCA), and the National Credit Union Administration (NCUA) (collectively, the Agencies) are proposing to amend their regulations regarding loans in areas having special flood hazards to implement certain provisions of the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA), which amends some of the changes to the Flood Disaster Protection Act of 1973 mandated by the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters). Specifically, the proposal would establish requirements with respect to the escrow of flood insurance payments, consistent with the changes set forth in HFIAA. The proposal also would incorporate an exemption in HFIAA for certain detached structures from the mandatory flood insurance purchase requirement. The Agencies plan to address in a separate rulemaking other provisions of Biggert-Waters over which the Agencies have jurisdiction that have not been affected by HFIAA.

Closing date for comments: 12/29/2014

Submit comment on this proposal |  View comments on this proposal

Complementary Activities, Merchant Banking Activities, and Other Activities of Financial Holding Companies related to Physical Commodities [R-1479]

Advance notice of proposed rulemaking on various issues related to physical commodity activities conducted by financial holding companies and the restrictions imposed on these activities to ensure they are conducted in a safe and sound manner and consistent with applicable law.

Closing date for comments: 04/16/2014

Submit comment on this proposal |  View comments on this proposal

Regulation CC: Availability of Funds and Collection of Checks [R-1409]

The Board is revising its proposed amendments to subparts C and D of Regulation CC and is requesting comment on a revised proposed rule that would, among other things, encourage depositary banks to receive and paying banks to send returned checks electronically.

Closing date for comments: 05/2/2014

Submit comment on this proposal |  View comments on this proposal

Regulation H - Loans in Areas Having Special Flood Hazards [R-1462]

Joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in areas having special flood hazards to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012.

Closing date for comments: 12/10/2013

Submit comment on this proposal |  View comments on this proposal

Interagency Advanced Notice of Proposed Rulemaking:Threshold for the Requirement to Collect, Retain, and Transmit Information on Funds Transfers and Transmittals of Funds [R-1258]

Joint advanced notice of proposed rulemaking requesting comment from the public, including law enforcement and financial institutions, to assess whether the potential benefit to law enforcement of a lower threshold outweighs the potential burden to financial institutions.

Closing date for comments: 08/21/2006

Submit comment on this proposal |  View comments on this proposal

 

Other Proposals

Proposals concerning Board policies not codified in the Code of Federal Regulations

Enhancements to Federal Reserve Bank Same-Day ACH Service, Request for Comments [OP-1515]

The Board of Governors (Board) is requesting comment on enhancements that the Federal Reserve Banks (Reserve Banks) are considering to their current same-day automated clearing house (ACH) service. The enhancements would require receiving depository financial institutions (RDFIs) to participate in the service and originating depository financial institutions (ODFIs) to pay a fee to RDFIs for each same-day ACH forward transaction. The Board believes that these changes may have a significant longer-run effect on the nation's payment system.

Closing date for comments: 07/2/2015

Submit comment on this proposal |  View comments on this proposal

Privacy Act of 1974; Notice of New System of Records [OP-1511] (197 KB PDF)

The Board requests public comment on a proposal to establish, in accordance with the Privacy Act of 1974, 5 U.S.C. 552a, a new system of records BGFRS-39 (General File of the Community Advisory Council).

Closing date for comments: 03/30/2015

Submit comment on this proposal |  View comments on this proposal

Community Reinvestment Act; Interagency Questions and Answers Regarding Community Reinvestment; Notice [OP-1497]

The OCC, Board, and FDIC propose to clarify and supplement their Interagency Questions and Answers Regarding Community Reinvestment to address questions raised by bankers, community organizations, and others regarding the Agencies' Community Reinvestment Act regulations.

Closing date for comments: 11/10/2014

Submit comment on this proposal |  View comments on this proposal

Anti-Tying Restrictions of Section 106 of the Bank Holding Company Act Amendments of 1970 [OP-1158]

Proposal to adopt an interpretation of the anti-tying restrictions of section 106 of the Bank Holding Company Act Amendments of 1970, and related supervisory guidance

Closing date for comments: 09/30/2003

Submit comment on this proposal |  View comments on this proposal

 
Dodd-Frank Act Proposals | Rulemaking Proposals | Other Proposals | Information Collection Proposals | EGRPRA

Information Collection Proposals

Proposals concerning the reporting of financial and other information under authority delegated to the Board by the Office of Management and Budget

Agency Information Collection (202 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following report: Basel II Interagency Pillar 2 Supervisory Guidance (FR 4199).

Closing date for comments: 07/27/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (197 KB PDF)

Proposal to approved under OMB delegated authority the extension for three years, without revision, of the following report: Notice Requirements in Connection with Regulation W (12 CFR part 223 Transactions Between Member Banks and Their Affiliates) (Reg. W).

Closing date for comments: 07/27/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (201 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following reports: (1) Supervisory and Regulatory Survey (FR 3052); and (2) Consumer Financial Stability Surveys (FR 3053).

Closing date for comments: 07/13/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (200 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, with revision, of the following report: (1) Report of Transaction Accounts, Other Deposits, and Vault Cash (FR 2900); and proposal to approve under OMB delegated authority the extension for three years, without revision, of the following reports: (2) Annual Report of Deposits and Reservable Liabilities (FR 2910a); (3) Report of Foreign (Non-U.S.) Currency Deposits (FR 2915); and (4) Allocation of Low Reserve Tranche and Reservable Liabilities Exemption (FR 2930).

Closing date for comments: 07/13/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (197 KB PDF)

Proposal to extend for three years, without revision, the following currently approved collections of information: (1) Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks; Report of Assets and Liabilities of a Non-U.S. Branch that is Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank (FFIEC 002; FFIEC 002S); and (2) Country Exposure Report for U.S. Branches and Agencies of Foreign Banks (FFIEC 019).

Closing date for comments: 07/6/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (201 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, without revision, of the following reports: (1) Recordkeeping Requirements Associated with Changes in Foreign Investments (Made Pursuant to Regulation K) (FR 2064); (2) Microeconomic Survey (FR 3051); and (3) Recordkeeping and Disclosure Provisions associated with Stress Testing Guidance (FR 4202).

Closing date for comments: 06/15/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (213 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, with revision, of the following report: Report of Selected Money Market Rates (FR 2420).

Closing date for comments: 06/8/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (205 KB PDF)

Proposal to approve under OMB delegated authority the revision, without extension, of the following reports: (1) Consolidated Financial Statements for Holding Companies, Parent Company Only Financial Statements for Large Holding Companies, Parent Company Only Financial Statements for Small Holding Companies, Financial Statements for Employee Stock Ownership Plan Holding Companies (FR Y-9C, FR Y-9LP, FR Y-9SP, FR Y-9ES); (2) Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (FR Y-12); (3) Banking Organization System Risk Report (FR Y-15); (4) Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies and the Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies (FR Y-11 and FR Y-11S); (5) Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations and the Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations (FR 2314 and FR 2314S); (6) Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations, the Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations, and the Capital and Asset Report for Foreign Banking Organizations (FR Y-7N, FR Y-7NS, and FR Y-7Q); (7) Quarterly Savings and Loan Holding Company Report (FR 2320); (8) Savings Association Holding Company Report (FR H-(b)11); and (9) Consolidated Report of Condition and Income for Edge and Agreement Corporations (FR 2886b).

Closing date for comments: 05/26/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection [ICP-201505]

Proposal to approve under OMB delegated authority the extension for three years, with revision, of the following reports: Annual Report of Holding Companies (Y-6); Annual Report of Foreign Banking Organizations (FR Y-7); Report of Changes in Organizational Structure (FR Y-10); and Supplement to the Report of Changes in Organizational Structure (FR Y-10E).

Closing date for comments: 05/19/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (197 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, with revision, of the following reports: (1) Quarterly Report of Assets and Liabilities of Large Foreign Offices of U.S. Banks (FR 2502q); (2) Quarterly Report of Interest Rates on Selected Direct Consumer Installment Loans and Quarterly Report of Credit Card Plans (FR 2835 and FR 2835a); and (3) Census of Finance Companies (FR 3033p).

Closing date for comments: 05/11/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (75 KB PDF)

Proposal to approve under OMB delegated authority the extension for three years, with revision, of the following reports: (1) the Complex Institution Liquidity Monitoring Report (FR 2052a); and (2) the Liquidity Monitoring Report (FR 2052b).

Closing date for comments: 02/2/2015

Submit comment on this proposal |  View comments on this proposal

Agency Information Collection (73 KB PDF)

See Dodd-Frank Act Proposals

 

Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA)

The Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA) requires that regulations prescribed by the Federal Financial Institutions Examination Council, and its member agencies be reviewed by the agencies at least once every 10 years. The purpose of this review is to identify outdated, unnecessary, or unduly burdensome regulations and consider how to reduce regulatory burden on insured depository institutions while, at the same time, ensuring their safety and soundness and the safety and soundness of the financial system.

EGRPRA: Banking Operations, Capital, and the Community Reinvestment Act [R-1510]

The OCC, Board, and FDIC ("Agencies") are seeking public comment on a second set of regulatory categories as part of their review to identify outdated or unnecessary regulations applied to insured depository institutions. The Agencies are seeking comment on regulations in the following categories: Banking Operations, Capital, and the Community Reinvestment Act.

Closing date for comments: 05/14/2015

Submit comment on this proposal |  View comments on this proposal

Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 [OP-1491]

The OCC, Board, and FDIC ("we" or "Agencies") are conducting a review of the regulations we have issued to identify outdated, unnecessary, or unduly burdensome regulations for insured depository institutions. This review is required by section 2222 of the Economic Growth and Regulatory Paperwork Reduction Act of 1996 ("EGRPRA"). To facilitate this review, the Agencies have divided these regulations into 12 subject-matter categories and identified the regulations within each category. This is the first of the four Federal Register requests for comment. In it, we are seeking comment on the regulations in the following three categories: Applications and Reporting, Powers and Activities, and International Operations. We will address the remaining nine categories in the three subsequent requests for comment.

Closing date for comments: 09/2/2014

Submit comment on this proposal |  View comments on this proposal

Last update: May 28, 2015