Federal regulators extended the comment deadline on their proposal to implement stricter regulatory capital standards on banks over $100 billion in assets while the Federal Reserve collects additional data on the impact of the proposal.
October 23, 2023 / By ICBA
Federal regulators extended the comment deadline on their proposal to implement stricter regulatory capital standards on banks over $100 billion in assets while the Federal Reserve collects additional data on the impact of the proposal.
Surcharge Proposal: The Fed also said it would extend the comment period on its proposal to modify the capital surcharge for the largest and most complex banks.
Extension: The comment periods for both rulemakings were extended from Nov. 30 to Jan. 16.
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