A new proposal, published today in the Federal Register, would establish annual assessments on systemically important bank holding companies, savings and loan holding companies, and nonbank financial companies. These assessments are designed to cover the costs the Federal Reserve incurs supervising these entities. The deadline for comments is June 15.

A new final rule, published today in the Federal Register, sets standards for banking organizations that are regulated by the Federal Reserve and conduct certain kinds of retail foreign exchange transactions. The rule takes effect May 13.

A new final rule, published today in the Federal Register, defines how holding companies and nonbank financial companies qualify as “predominantly engaged in financial activities” or “significant.” These definitions will help determine which firms require enhanced prudential supervision by the Federal Reserve. The rule takes effect May 6.

Final stress-testing rules, published today in the Federal Register, require the largest bank holding companies and their state member bank subsidiaries to conduct their own stress tests this fall and disclose those results next spring. Holding companies with total assets between $10 billion and $50 billion must conduct their first stress tests in the fall of 2013 and do not need to publicly disclose those first tests’ results.

The Federal Reserve is considering whether to delay the effective date of certain Dodd-Frank Act stress-testing requirements. The delay under consideration, which would apply to company-run stress tests at bank holding companies, state member banks, and savings and loan holding companies with between $10 billion and $50 billion in total consolidated assets, would help ensure that these companies have sufficient time to develop their stress-testing programs.

The Federal Reserve has extended the public comment period on the proposed interagency rule, designed to implement the Basel III regulatory capital reforms, until October 22.

A new final Federal Reserve rule establishes risk-management standards for financial market utilities (FMUs) the Financial Stability Oversight Council designates as systemically important. The rule also sets standards these designated FMUs must meet when they intend to make material changes to their rules, procedures, or operations. The rule takes effect September 14.

New supervisory guidance outlines a new optional process by which banking organizations can seek the Federal Reserve’s feedback on potential bank acquisitions or other proposals. This new pre-filing process is intended to help ease and shorten the formal application process for infrequent filers, like some community banks, or potential filers with novel proposals.

The federal banking regulatory agencies have updated their host state loan-to-deposit ratios, which the agencies use to determine compliance with Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994.

Changes to the market risk capital rule, which requires banking organizations with significant trading activities to adjust their capital requirements to account for market risk, are now final. The approved final rule takes effect January 1, 2013.

Three new proposed rules seek to establish an integrated regulatory capital framework. Public comments are due September 7.

As part of an effort to minimize unnecessary regulatory burden, the federal financial prudential regulators and the Consumer Financial Protection Bureau have entered a Memorandum of Understanding to coordinate the supervision of insured depository institutions with greater than $10 billion in assets.

A new final rule, published today in the Federal Register and effective July 20, outlines the procedure by which an SHC, a nonbank company that owns at least one registered broker-dealer, can choose Federal Reserve supervision.

A new statement from the Federal Reserve, FDIC, and OCC clarifies that stress-testing requirements for banking organizations with total consolidated assets of greater than $10 billion don’t apply to community banks. Community banks should have a sound risk management program, however, that allows them to analyze the potential effect of adverse outcomes.

A new proposed amendment to Regulation Y, published today in the Federal Register, would clarify the definition of “financial activities,” one of the key criteria used to determine whether a company is subject to Title I of the Dodd-Frank Act. The deadline for public comment is May 25.

Proposed new guidance, published today in the Federal Register, would replace existing interagency guidance and focus on five main areas: risk-management frameworks; underwriting standards; valuation standards; pipeline management; and reporting and analytics. The deadline for public comment is June 8.

New supervisory guidance on allowance for loan and lease losses (ALLL) estimation practices, out today, reminds regulated financial institutions to monitor all credit quality indicators relevant to credit portfolios, including loans and lines of credit secured by junior liens on one- to four-family residential properties.

A new proposal outlines procedures for securities holding companies to elect Federal Reserve supervision. Public comments on the proposal are due October 11.

The Federal Reserve proposes a two-year phase-in for regulatory reporting requirements for most savings and loan holding companies and an initial reporting exemption for others. Public comments on the proposal are due November 1.

New federal supervisory guidance, published June 15 in the Federal Register, outlines general principles for satisfactory stress-testing practices at banking organizations with total consolidated assets of $10 billion or greater. Public comments on the guidance are due July 29.

A final rule, adopted by the Federal Reserve, OCC and FDIC, sets a floor for the risk-based capital requirements applicable to the largest, internationally active banking organizations. The rule takes effect 30 days from publication in the Federal Register.

An interim final rule, effective upon publication in the Federal Register, will allow small bank holding companies that are S-Corp or Mutual BHCs to exclude certain kinds of subordinated debt from treatment as debt for purposes of the Federal Reserve's Small BHC debt-to-equity standard. Public comments on the rule are due July 30.

Under a new proposal, top-tier BHCs with total consolidated assets of $50 billion or greater would have to submit annual capital plans for review by the Federal Reserve. Public comments on the proposal are due August 5.

The deadline for public comment on the federal financial regulatory agencies' proposal has been extended to August 1.

The Federal Reserve, which assumes supervisory and regulatory authority for savings & loan holding companies (SLHCs) and their non-depository subsidiaries on July 21, seeks comment on its proposed supervisory approach to SLHCs. Public comments on the proposal are due May 23.

A joint proposal from the federal financial regulatory agencies would prohibit certain potentially risky incentive compensation arrangements at financial institutions with more than $1 billion in assets. Public comments on the proposal, which has just been published in the Federal Register, are due May 31.

An approved final rule, just published, explains how much time banking companies and nonbank financial companies supervised by the Federal Reserve will have to make their investments and activities conform to the so-called “Volcker Rule,” which restricts proprietary trading and relationships with hedge funds. The rule takes effect April 1.

A joint rule proposed by five federal agencies, including the Federal Reserve, would impose margin and capital requirements on regulated swap entities. Public comments on the proposal are due June 24.

Under a proposed rule from the Federal Reserve and FDIC, systemically significant bank holding companies and nonbank financial companies would have to submit annual plans describing their strategies for rapid, orderly resolution in bankruptcy. These companies would also have to submit quarterly credit exposure reports. Public comments on the proposal are due June 10.

A new proposal sets standards to help determine whether a financial company qualifies for the Federal Reserve's new enhanced consolidated prudential supervision. Comments on the proposal are due March 30.

The federal bank and thrift regulatory agencies have proposed changes to thrift and thrift holding company reporting requirements. The changes are designed to bring uniformity to reporting requirements for insured banks and savings institutions and to do likewise for all holding companies supervised by the Federal Reserve. Comments on the proposed changes are due in April.

The Federal Reserve, FDIC, and OCC seek comment on proposed new market risk capital rules for banking organizations that engage in significant trading activity. Comments are due in March, 2011.

A final interagency rule, substantially similar to one proposed this past June, expands Community Reinvestment Act consideration of neighborhood stabilization activities. The rule takes effect next month.

New interagency guidance explains minimum regulatory standards for appraisals of collateral for mortgages and other loans. The new guidance replaces previous guidance on the subject.

New joint final guidance, out today, seeks to ensure that incentive compensation arrangements at banking organizations appropriately tie rewards to longer-term performance and don't undermine the firm's safety and soundness or create undue risks to the financial system.

Final guidance, published today in the Federal Register, addresses risks associated with funding and credit concentrations arising from correspondent relationships.

A new advisory, out today, reemphasizes the importance of sound practices to manage interest rate risk.

The Basel Committee on Banking Supervision seeks public comment on proposed new capital and liquidity standards. Comments are due April 16, 2010.

A final rule allowing mortgage loans modified under the Home Affordable Mortgage Program to retain their pre-modification risk weights takes effect December 21.

A final rule allowing mortgage loans modified under the Home Affordable Mortgage Program to retain their pre-modification risk weights takes effect December 21.

A new Federal Reserve policy statement, out today, provides guidance for commercial real estate loan workouts.

A new proposed regulatory capital rule, slated to take effect next year, would change the way banking organizations account for items they currently exclude from their balance sheets. Public comments on the proposed rule and its implementation are due in October.

Federal banking agencies are seeking public comment on the agencies' new guidance for sound management of funding and liquidity risks. Comments are due 60 days from today.

The Financial Accounting Standards Board has published two new Statements of Financial Accounting Standards. The Federal Reserve is reviewing the effect these new standards will have on regulatory capital requirements.

Bank holding companies may include as part of their Tier 1 capital senior perpetual preferred stock issued to the U.S. Treasury Department under the Troubled Asset Relief Program (TARP).

On March 31, 2009, new limits on the inclusion of trust preferred securities and other restricted core capital elements in bank holding company tier 1 capital were supposed to take effect. In response to the current financial situation, the Board of Governors has delayed imposition of these new limits until March 31, 2011.

Federal agencies announced they will begin stress tests of eligible bank holding companies with assets exceeding $100 billion. The agencies expect to complete the stress tests within the next two months.

Bank holding companies should consult the Federal Reserve before declaring a dividend that could raise safety and soundness concerns, redeeming or repurchasing regulatory capital instruments when experiencing financial weaknesses, or redeeming or repurchasing common stock or perpetual preferred stock that would result in a net reduction in the amount of such equity instruments outstanding for the quarter.

The Federal Reserve approved three final rules, previously approved as interim rules, to facilitate participation in the AMLF and the provision of liquidity to affiliates for assets typically funded in the tri-party repo market.