Board Actions

Actions taken during the week ending November 3, 2018

Change in Bank Control

CapStar Financial Holdings, Inc., Nashville, Tennessee -- change in bank control of CapStar Financial Holdings, Inc., and its subsidiary, CapStar Bank, Nashville.
-Permitted, November 2, 2018

Forms

Forms -- initial Board review to extend with revision the Consolidated Holding Company Report of Equity Investments in Nonfinancial Companies (FR Y-12) and Annual Report of Merchant Banking Investments Held for an Extended Period (FR Y-12A).
-Proposed, October 29, 2018

Forms -- initial Board review to extend without revision the Notice Requirements Associated with Regulation W (FR W).
-Proposed, November 1, 2018

Personnel

Division of Financial Management -- appointment of Karen Vassallo as associate director.
-Announced, November 2, 2018

Regulations and Policies

Derivatives Contracts -- publication for comment of an interagency proposal that would implement a new method for calculating the exposure amount of derivative contracts under the agencies' regulatory capital rules.
-Approved, October 30, 2018

Reduced Reporting for Depository Institutions -- publication for comment of an interagency proposal to streamline regulatory reporting for qualifying small institutions, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
-Approved, October 29, 2018

Regulations and Policies -- (1) two proposed rules to establish a revised framework for tailoring prudential standards to the risk profiles of large U.S. banking organizations; and (2) initial Board review to amend the Consolidated Financial Statements for Holding Companies (FR Y-9C), Parent Company Only Financial Statements for Large Holding Companies (FR Y-9LP), Capital Assessments and Stress Testing (FR Y-14), Complex Institution Liquidity Monitoring Report (FR 2052a), and Banking Organization Systemic Risk Report (FR Y-15) information collections.
-Approved, October 31, 2018

Supervisory Rating Systems -- (1) final rule adopting a new rating system for large financial institutions and (2) notice to apply the Board's existing supervisory rating system to certain savings and loan holding companies.
-Approved, November 1, 2018