Resolution-Related Resource Requirements for Large Banking Organizations; Extension of Comment Period, 77529 [2022-27475]
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77529
Proposed Rules
Federal Register
Vol. 87, No. 242
Monday, December 19, 2022
This section of the FEDERAL REGISTER
contains notices to the public of the proposed
issuance of rules and regulations. The
purpose of these notices is to give interested
persons an opportunity to participate in the
rule making prior to the adoption of the final
rules.
FEDERAL RESERVE SYSTEM
12 CFR Chapter II
[Docket No. R–1786]
RIN 7100–AG44
FEDERAL DEPOSIT INSURANCE
CORPORATION
12 CFR Chapter III
RIN 3064–AF86
Resolution-Related Resource
Requirements for Large Banking
Organizations; Extension of Comment
Period
Board of Governors of the
Federal Reserve System, Federal Deposit
Insurance Corporation.
ACTION: Advance notice of proposed
rulemaking; extension of comment
period.
AGENCY:
On October 24, 2022, the
Board of Governors of the Federal
Reserve System (Board) and the Federal
Deposit Insurance Corporation (FDIC)
(together, the agencies) published in the
Federal Register an advance notice of
proposed rulemaking (ANPR) to solicit
public input regarding whether an extra
layer of loss-absorbing capacity could
improve optionality in resolving a large
banking organization or its insured
depository institution, and the costs and
benefits of such a requirement. The
agencies have determined that an
extension of the comment period until
January 23, 2023, is appropriate, and are
therefore making that extension.
DATES: The comment period for the
advance notice of proposed rulemaking
published October 24, 2022, at 87 FR
64170, is extended. Comments must be
received by January 23, 2023.
ADDRESSES: You may submit comments
by any of the methods identified in the
ANPR.
FOR FURTHER INFORMATION CONTACT:
Board: Molly Mahar, Senior Associate
Director, (202) 973–7360; Catherine
Tilford, Deputy Associate Director, (202)
tkelley on DSK125TN23PROD with PROPOSALS
SUMMARY:
VerDate Sep<11>2014
17:45 Dec 16, 2022
Jkt 259001
452–5240; Lesley Chao, Lead Financial
Institution Policy Analyst, Policy
Development, (202) 974–7063, Division
of Supervision and Regulation; Charles
Gray, Deputy General Counsel, (202)
510–3484, Reena Sahni, Associate
General Counsel, (202) 452–2026, Jay
Schwarz, Assistant General Counsel,
(202) 452–2970, Andrew Hartlage,
Senior Counsel, (202) 452–6483, Legal
Division, Board of Governors of the
Federal Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551. For users of TTY–TRS, please
call 711 from any telephone, anywhere
in the United States.
FDIC: Andrew J. Felton, Deputy
Director, (202) 898–3691; Ryan P.
Tetrick, Deputy Director, (202) 898–
7028; Jenny G. Traille, Associate
Director, (202) 898–3608; Julia E. Paris,
Senior Cross-Border Specialist, (202)
898–3821; Division of Complex
Institution Supervision and Resolution;
R. Penfield Starke, Assistant General
Counsel, (202) 898–8501, rstarke@
fdic.gov; David N. Wall, Assistant
General Counsel, (202) 898–6575, Legal
Division, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On
October 24, 2022, the agencies
published in the Federal Register an
ANPR to solicit public input regarding
whether an extra layer of loss-absorbing
capacity could improve optionality in
resolving a large banking organization or
its insured depository institution, and
the costs and benefits of such a
requirement.1 This may, among other
things, address financial stability by
limiting contagion risk through the
reduction in the likelihood of uninsured
depositors suffering loss, and keep
various resolution options open for the
FDIC to resolve a firm in a way that
minimizes the long term risk to
financial stability and preserves
optionality. The agencies are seeking
comment on all aspects of the ANPR
from all interested parties and also
request commenters to identify other
issues that the Board and FDIC should
consider.
The ANPR stated that the comment
period would close on December 23,
2022. The agencies have received a
request to extend the comment period.
An extension of the comment period
1 87
PO 00000
FR 64170 (October 24, 2022).
Frm 00001
Fmt 4702
Sfmt 4702
would provide additional opportunity
for the public to prepare comments to
address questions posed by the
agencies. Therefore, the agencies are
extending the end of the comment
period for the ANPR from December 23,
2022, to January 23, 2022.
By order of the Board of Governors of the
Federal Reserve System, acting through the
Secretary of the Board under delegated
authority.
Ann E. Misback,
Secretary of the Board, Federal Deposit
Insurance Corporation.
By order of the Board of Directors.
Dated at Washington, DC, on December 14,
2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022–27475 Filed 12–16–22; 8:45 am]
BILLING CODE 6714–01–P; 6210–01–P
SMALL BUSINESS ADMINISTRATION
13 CFR Part 125
RIN 3245–AH28
National Defense Authorization Act of
2020, Credit for Lower Tier
Subcontracting and Other
Amendments
U.S. Small Business
Administration.
ACTION: Proposed rule.
AGENCY:
The U.S. Small Business
Administration (SBA or Agency) is
proposing to amend its regulations to
implement provisions of the National
Defense Authorization Act for Fiscal
Year 2020. The proposal would permit
a prime contractor with an individual
subcontracting plan to apply credit for
subcontracts to small businesses at
lower tiers toward its subcontracting
goals. To do so, the prime contractor
would incorporate the lower-tier
subcontracting performance into its
subcontracting-plan goals.
DATES: Comments must be received on
or before February 17, 2023.
ADDRESSES: You may submit comments,
identified by RIN 3245–AH28, by any of
the following methods:
• Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
instructions for submitting comments.
• Email: Roman Ivey, Program
Analyst, Office of Policy Planning and
SUMMARY:
E:\FR\FM\19DEP1.SGM
19DEP1
]]>Agencies
[Federal Register Volume 87, Number 242 (Monday, December 19, 2022)]
[Proposed Rules]
[Page 77529]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27475]
========================================================================
Proposed Rules
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.
========================================================================
Federal Register / Vol. 87, No. 242 / Monday, December 19, 2022 /
Proposed Rules
[[Page 77529]]
FEDERAL RESERVE SYSTEM
12 CFR Chapter II
[Docket No. R-1786]
RIN 7100-AG44
FEDERAL DEPOSIT INSURANCE CORPORATION
12 CFR Chapter III
RIN 3064-AF86
Resolution-Related Resource Requirements for Large Banking
Organizations; Extension of Comment Period
AGENCY: Board of Governors of the Federal Reserve System, Federal
Deposit Insurance Corporation.
ACTION: Advance notice of proposed rulemaking; extension of comment
period.
-----------------------------------------------------------------------
SUMMARY: On October 24, 2022, the Board of Governors of the Federal
Reserve System (Board) and the Federal Deposit Insurance Corporation
(FDIC) (together, the agencies) published in the Federal Register an
advance notice of proposed rulemaking (ANPR) to solicit public input
regarding whether an extra layer of loss-absorbing capacity could
improve optionality in resolving a large banking organization or its
insured depository institution, and the costs and benefits of such a
requirement. The agencies have determined that an extension of the
comment period until January 23, 2023, is appropriate, and are
therefore making that extension.
DATES: The comment period for the advance notice of proposed rulemaking
published October 24, 2022, at 87 FR 64170, is extended. Comments must
be received by January 23, 2023.
ADDRESSES: You may submit comments by any of the methods identified in
the ANPR.
FOR FURTHER INFORMATION CONTACT:
Board: Molly Mahar, Senior Associate Director, (202) 973-7360;
Catherine Tilford, Deputy Associate Director, (202) 452-5240; Lesley
Chao, Lead Financial Institution Policy Analyst, Policy Development,
(202) 974-7063, Division of Supervision and Regulation; Charles Gray,
Deputy General Counsel, (202) 510-3484, Reena Sahni, Associate General
Counsel, (202) 452-2026, Jay Schwarz, Assistant General Counsel, (202)
452-2970, Andrew Hartlage, Senior Counsel, (202) 452-6483, Legal
Division, Board of Governors of the Federal Reserve System, 20th Street
and Constitution Avenue NW, Washington, DC 20551. For users of TTY-TRS,
please call 711 from any telephone, anywhere in the United States.
FDIC: Andrew J. Felton, Deputy Director, (202) 898-3691; Ryan P.
Tetrick, Deputy Director, (202) 898-7028; Jenny G. Traille, Associate
Director, (202) 898-3608; Julia E. Paris, Senior Cross-Border
Specialist, (202) 898-3821; Division of Complex Institution Supervision
and Resolution; R. Penfield Starke, Assistant General Counsel, (202)
898-8501, [email protected]; David N. Wall, Assistant General Counsel,
(202) 898-6575, Legal Division, Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On October 24, 2022, the agencies published
in the Federal Register an ANPR to solicit public input regarding
whether an extra layer of loss-absorbing capacity could improve
optionality in resolving a large banking organization or its insured
depository institution, and the costs and benefits of such a
requirement.\1\ This may, among other things, address financial
stability by limiting contagion risk through the reduction in the
likelihood of uninsured depositors suffering loss, and keep various
resolution options open for the FDIC to resolve a firm in a way that
minimizes the long term risk to financial stability and preserves
optionality. The agencies are seeking comment on all aspects of the
ANPR from all interested parties and also request commenters to
identify other issues that the Board and FDIC should consider.
---------------------------------------------------------------------------
\1\ 87 FR 64170 (October 24, 2022).
---------------------------------------------------------------------------
The ANPR stated that the comment period would close on December 23,
2022. The agencies have received a request to extend the comment
period. An extension of the comment period would provide additional
opportunity for the public to prepare comments to address questions
posed by the agencies. Therefore, the agencies are extending the end of
the comment period for the ANPR from December 23, 2022, to January 23,
2022.
By order of the Board of Governors of the Federal Reserve
System, acting through the Secretary of the Board under delegated
authority.
Ann E. Misback,
Secretary of the Board, Federal Deposit Insurance Corporation.
By order of the Board of Directors.
Dated at Washington, DC, on December 14, 2022.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-27475 Filed 12-16-22; 8:45 am]
BILLING CODE 6714-01-P; 6210-01-P
