Transmittal Archive

April 2026
Transmittal 542

Banks and Banking
Regulations H, Q, and YY
The Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency are adopting a final rule to modify the enhanced supplementary leverage ratio standards applicable to U.S. bank holding companies identified as global systemically important bank holding companies (G-SIBs), their subsidiary depository institutions that are Board- or FDIC-regulated, and national banks and federal savings associations that are subsidiaries of a U.S. top-tier bank holding company with total consolidated assets of more than $700 billion or assets under custody of more than $10 trillion (together with Board- and FDIC-regulated subsidiary depository institutions of G-SIBs, covered depository institutions). More... These modifications are intended to help ensure that the enhanced supplementary leverage ratio standards serve as a backstop to risk-based capital requirements rather than a frequently binding constraint, thus reducing potential disincentives for G-SIBs and covered depository institutions to participate in low-risk, low-return activities. The Board is also finalizing conforming amendments to its total loss-absorbing capacity and long-term debt requirements. In addition, the Board is making conforming amendments to relevant regulatory reporting forms, and the Board and FDIC are making final certain technical corrections to the capital rule and the prompt corrective action framework. Banking organizations subject to the final rule may elect to early adopt the final rule as of January 1, 2026. The final rule is effective April 1, 2026 (Regulation H, Regulation Q, and Regulation YY, Docket R-1867) and was published in the Federal Register on December 1, 2025.
Procedural and Organizational Rules
Board of Governors Rules of Procedure
The Board is revising its Rules of Procedure to make certain technical corrections. More... The final rule is effective March 20, 2026 (Board of Governors Rules of Procedure, Docket R-1886) and was published in the Federal Register on March 20, 2026.
Rules Regarding Delegation of Authority
The Board is revising its Rules Regarding Delegation of Authority to add delegations previously approved by the Board and to make certain technical corrections. More... The final rule is effective March 5, 2026 (Rules Regarding Delegation of Authority, Docket R-1778) and was published in the Federal Register on March 5, 2026.
Proposed Rules
The Board is inviting public comment on a notice of proposed rulemaking that would codify the removal of reputation risk from the Board’s supervisory programs. More...The proposal would prohibit the Board from encouraging or compelling Board-supervised banking organizations to deny or condition the provision of banking or other financial products or services to an individual or business based on their constitutionally protected political or religious beliefs, associations, speech, or conduct, or based on involvement by the individual or business in politically disfavored but lawful business activities perceived to present reputation risk. Comments on this notice of proposed rulemaking must be received by April 27, 2026 (Docket No. R-1884).

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