Board Actions

Forms -- final Board review (1) to extend with revision the Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies (FR Y-11), Abbreviated Financial Statements of U.S. Nonbank Subsidiaries of U.S. Holding Companies (FR Y-11S), Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations (FR 2314), Abbreviated Financial Statements of Foreign Subsidiaries of U.S. Banking Organizations (FR 2314S), Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-7N), and Abbreviated Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-7NS) and (2) to extend without revision the Consolidated Report of Condition and Income for Edge and Agreement Corporations (FR 2886b) and Capital and Asset Report for Foreign Banking Organizations (FR Y-7Q).
-Approved, February 18, 2014

Term Deposit Facility -- fixed-rate offerings of seven-day term deposits on March 3, 10, and 17, and floating-rate offering of seven-day term deposits on March 24, 2014.
-Announced, February 21, 2014

Regulation YY (Enhanced Prudential Standards) -- final rule to implement enhanced prudential standards for large U.S. bank holding companies and foreign banking organizations to increase the resiliency of their operations, in accordance with the Dodd-Frank Act.
-Approved, February 18, 2014

Risk-Based Capital Requirements -- (1) authorization for certain banking organizations to exit the "parallel run" and begin using the advanced approaches framework to determine their risk-based capital requirements and (2) publication of a final rule (Regulations Y and YY) to clarify the Board's stress testing and capital planning requirements.
-Approved, February 20, 2014