United States:
Federal Reserve Board Extends Comment Period
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On February 26, the Federal Reserve Board 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. Release.
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