FED - The Federal Reserve Board on Tuesday proposed steps to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms.
22/12/2011 FEDThe proposal, which includes a wide range of measures addressing
issues such as capital, liquidity, credit exposure, stress testing,
risk management, and early remediation requirements, is mandated by
the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The proposal generally applies to all U.S. bank holding companies with consolidated assets of $50 billion or more and any nonbank financial firms that may be designated by the Financial Stability Oversight Council as systemically important companies. The Board will issue a proposal regarding foreign banking organizations shortly. In general, savings and loan holding companies (SLHCs) would not be subject to the requirements in this proposal, except certain stress test requirements. The Board plans to issue a separate proposal later to address the applicability of the enhanced standards to SLHCs.
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http://www.federalreserve.gov/newsevents/press/bcreg/20111220a.htm
The proposal generally applies to all U.S. bank holding companies with consolidated assets of $50 billion or more and any nonbank financial firms that may be designated by the Financial Stability Oversight Council as systemically important companies. The Board will issue a proposal regarding foreign banking organizations shortly. In general, savings and loan holding companies (SLHCs) would not be subject to the requirements in this proposal, except certain stress test requirements. The Board plans to issue a separate proposal later to address the applicability of the enhanced standards to SLHCs.
(...)
http://www.federalreserve.gov/newsevents/press/bcreg/20111220a.htm