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Regulatory Information
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2010-09-23
article
Reserve Requirements of Depository Institutions; Issue and Cancellation of Federal Reserve Bank Capital Stock
Proposed Rules
D09002ee1bdd97182
D09002ee1bdd971dd
United States
Federal Reserve System
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org
United States Government Agency or Subagency
The Board is publishing for comment proposed amendments to Regulation D (Reserve Requirements of Depository Institutions) and Regulation I (Issue and Cancellation of Federal Reserve Bank Capital Stock). Of these, only two are intended to represent substantive changes from existing law, while the remaining amendments are intended principally as clarifications. The first of the proposed substantive amendments would amend Regulation D to implement Section 603 of the Financial Services Regulatory Relief Act of 2006 by authorizing member banks of the Federal Reserve System to enter into pass-through arrangements. Previously, member banks were statutorily prohibited from passing required reserve balances through a correspondent institution. The second of the proposed substantive amendments would eliminate the provision in the ``savings deposit'' definition of Regulation D limiting certain kinds of transfers from savings deposits to not more than three per month. As a result, all kinds of transfers and withdrawals from a savings deposit that must be limited in number per month would be subject to the same numeric limitation of not more than six per month. The remaining proposed amendments, intended as clarifications, would reorganize the provisions relating to deposit reporting and the calculation and maintenance of required reserves, clarify the definitions of ``time deposit'' and ``vault cash,'' and make other minor editorial changes.
73 FR 8009
https://www.govinfo.gov/app/details/FR-2008-02-12/E8-2558
E8-2558
fr12fe08-3
6210-01-P
Regulations D and I
Docket No. R-1307
https://www.govinfo.gov/app/details/FR-2008-02-12/E8-2558
https://www.govinfo.gov/content/pkg/FR-2008-02-12/html/E8-2558.htm
https://www.govinfo.gov/content/pkg/FR-2008-02-12/pdf/E8-2558.pdf
Banks
Banking
Reporting and Recordkeeping Requirements
10 p.
8009
8018
73 FR 8009
Code of Federal Regulations
Title 12 Part 204
12 CFR Part 204
Code of Federal Regulations
Title 12 Part 209
12 CFR Part 209
Reserve Requirements of Depository Institutions; Issue and Cancellation of Federal Reserve Bank Capital Stock; Federal Register Vol. 73, Issue
PRORULE
E8-2558
FEDERAL RESERVE SYSTEM
2008-03-28
Regulations D and I
Docket No. R-1307
6210-01-P
E8-2558
Notice of proposed rulemaking; request for public comment.
The Board is publishing for comment proposed amendments to Regulation D (Reserve Requirements of Depository Institutions) and Regulation I (Issue and Cancellation of Federal Reserve Bank Capital Stock). Of these, only two are intended to represent substantive changes from existing law, while the remaining amendments are intended principally as clarifications. The first of the proposed substantive amendments would amend Regulation D to implement Section 603 of the Financial Services Regulatory Relief Act of 2006 by authorizing member banks of the Federal Reserve System to enter into pass-through arrangements. Previously, member banks were statutorily prohibited from passing required reserve balances through a correspondent institution. The second of the proposed substantive amendments would eliminate the provision in the ``savings deposit'' definition of Regulation D limiting certain kinds of transfers from savings deposits to not more than three per month. As a result, all kinds of transfers and withdrawals from a savings deposit that must be limited in number per month would be subject to the same numeric limitation of not more than six per month. The remaining proposed amendments, intended as clarifications, would reorganize the provisions relating to deposit reporting and the calculation and maintenance of required reserves, clarify the definitions of ``time deposit'' and ``vault cash,'' and make other minor editorial changes.
Comments must be received on or before March 28, 2008.
Heatherun Sophia Allison, Senior Counsel (202/452-3565), or Kara Handzlik, Attorney (202/452-3852), Legal Division, Seth Carpenter, Assistant Director and Section Chief (202/452-2385), or Margaret Gillis DeBoer, Financial Analyst (202/452- 3139), Division of Monetary Affairs; for users of Telecommunications Device for the Deaf (TDD) only, contact (202/263-4869); Board of Governors of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 20551.
Banks
Banking
Reporting and Recordkeeping Requirements
Reserve Requirements of Depository Institutions:
Issue and Cancellation of Federal Reserve Bank Capital Stock,
regs.comments@federalreserve.gov
http://www.federalreserve.gov
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm
http://www.regulations.gov
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm
Federal Register
Vol. 73, no. 29
Office of the Federal Register, National Archives and Records Administration
2008-02-12
continuing
daily
deposited
born digital
190 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2008-02-12
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0042-1219
0364-1406
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000582072
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https://www.govinfo.gov/app/details/FR-2008-02-12
https://www.govinfo.gov/content/pkg/FR-2008-02-12/pdf/FR-2008-02-12.pdf
https://www.govinfo.gov/content/pkg/FR-2008-02-12/xml/FR-2008-02-12.xml
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2010-09-23
2023-05-02
FR-2008-02-12
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FR-2008-02-12
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