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Agencies Extend Comment Period on Advance Notice of Proposed Rulemaking on Large Bank Resolvability

Joint Release

Board of Governors of the Federal Reserve System

Federal Deposit Insurance Corporation

December 15, 2022

For release at 3:00 p.m. EST

The Federal Reserve Board and the Federal Deposit Insurance Corporation announced today that they will extend until January 23, 2023, the comment period on an advance notice of proposed rulemaking to enhance regulators鈥 ability to resolve large banks in an orderly way should they fail.

The advance notice of proposed rulemaking asks for comment on several potential new requirements and resources that could be used for an orderly resolution of large banking organizations, including a long鈥搕erm debt requirement.

The agencies extended the comment period to allow interested parties more time to analyze the issues and prepare their comments. Comments were originally due by December 23, 2022 .

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多宝游戏下载: Julianne Fisher Breitbeil, (202) 340-2043

Last Updated: December 15, 2022