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The Board of Governors of the Federal Reserve System has decided to extend the use of the Complex Institution Liquidity Monitoring Report (FR 2052a) for another three years without making any changes. This report collects important data from large banking organizations to help the Board monitor their liquidity risks and compliance with financial regulations. The information collected is used to assess potential liquidity problems and ensure safe banking operations. Public comments were invited on this decision, but none were received.

The proposed rule requires banking organizations to notify their primary federal regulator within 36 hours of determining in good faith that a "computer-security incident" has occurred that could cause significant disruptions to operations. A "notification incident" is an incident deemed serious enough to impact banking services or financial stability. Additionally, bank service providers must alert at least two individuals at affected banking organization customers immediately upon experiencing a significant disruption lasting four or more hours. This rule aims to ensure timely and effective responses to potential cybersecurity threats impacting the banking sector.

The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation have finalized a rule called the Net Stable Funding Ratio (NSFR). This rule is designed to ensure large banking organizations maintain stable funding over a one-year period to support their various financial activities. By requiring stable funding, the rule aims to reduce liquidity risks, ensuring banks can continue to operate smoothly even in challenging economic conditions. This rule applies to large U.S. banks and some foreign banks with significant assets, enhancing the overall stability of the financial system.

The Office of the Comptroller of the Currency (OCC) seeks public comments on renewing its information collection titled "Computer-Security Incident Notification." This information gathering is part of an ongoing effort to minimize paperwork and reduce respondent burden in line with the Paperwork Reduction Act of 1995. The OCC requires banking organizations to inform them within 36 hours of a significant computer-security incident that disrupts their operations. Comments on this proposal can be submitted until March 3, 2025.

The Board of Governors of the Federal Reserve System is seeking public comments on a proposal to extend the Computer-Security Incident Notification requirements for three more years without any changes. This rule mandates banking organizations to promptly notify their primary Federal banking regulator of any significant computer-security incidents within 36 hours. The Federal Reserve Board invites feedback on various aspects of the information collection, including its necessity, accuracy, and ways to reduce the burden on respondents. Comments can be submitted until February 4, 2025.

The Board of Governors of the Federal Reserve System is extending and revising its reporting requirements for banking organizations. The revised reports, which include the FR Y-6, FR Y-7, FR Y-10, and FR Y-10E, add options for electronic submission and introduce standard templates for the FR Y-7 report. The changes aim to make the reporting process more efficient and will be rolled out between 2024 and 2026. Additionally, the Board is considering the creation of a nationwide public database for some of this information and is maintaining its policy on handling requests for confidential treatment of certain data.