Press Release

February 26, 2015 Federal Reserve Board extends comment period until April 3 for proposed rule to implement capital surcharges for largest, most systemically important U.S. bank holding companies For release at 3:00 p.m. EST Share The Federal Reserve Board on Thursday extended until April 3 the comment period for its proposed rule to implement capital surcharges for the largest, most systemically important U.S. bank holding companies. The proposed rule would establish a methodology to identify whether a firm is a global systemically important banking organization and would also establish the size of a firm's risk-based capital surcharge. The proposal is designed to further strengthen the capital positions of these institutions. The Board extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by March 2, 2015. For media inquiries, call 202-452-2955. Federal Register Notice: HTML | PDF

Federal Reserve (2015, February 25). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20150226_federal_reserve_board_extends_comment_period

@misc{wtfs_press_release_20150226_federal_reserve_board_extends_comment_period,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2015},
  month = {Feb},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20150226_federal_reserve_board_extends_comment_period},
  note = {Retrieved via When the Fed Speaks corpus}
}