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The Federal Reserve Board has established new rules to adjust the capital and stress testing requirements for large bank holding companies and intermediate holding companies. These rules are tailored to the risk levels of different companies, with specific standards set for firms falling under "Category IV" based on the Board's revised prudential framework. This update aligns with previous rule changes and includes modifications to capital planning, stress tests, and regulatory reporting requirements. The final rule also requires certain savings and loan holding companies to adhere to similar capital planning and stress testing standards.

The document is a technical correction from the Board of Governors of the Federal Reserve System. It fixes errors in the amendatory instruction for Part 217 of the Board's Regulation Q that was published in the Federal Register on February 3, 2021. The corrections involve changes to specific paragraphs and sections within the regulation to ensure proper headings and numbering. The document also informs readers of the effective date of April 5, 2021, for these corrections.

In the Federal Register from December 26, 2024, a notice was published by the Federal Reserve Bank of Chicago, originally under the title "Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities." This has been corrected to "Formations of, Acquisitions by, and Mergers of Bank Holding Companies." The correction clarifies that the company involved applied to become a bank holding company or acquire control of one under the Bank Holding Company Act of 1956. It also corrects that entities referred to as savings and loan holding companies are actually bank holding companies. The comment period for the public remains open until January 27, 2025.