{"abstract":"The Board is amending Regulation D, Reserve Requirements of Depository Institutions, to simplify the administration of reserve requirements. The final rule creates a common two-week maintenance period for all depository institutions, creates a penalty-free band around reserve balance requirements in place of carryover and routine penalty waivers, discontinues as-of adjustments related to deposit report revisions, replaces all other as-of adjustments with direct compensation, and eliminates the contractual clearing balance program. The amendments are designed to reduce the administrative and operational costs associated with reserve requirements for depository institutions, the Board, and Federal Reserve Banks.","action":"Final rule.","agencies":[{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2012/04/12/2012-8562.html","cfr_references":[{"chapter":null,"citation_url":null,"part":204,"title":12}],"citation":"77 FR 21846","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: This rule is effective on July 12, 2012, except that effective on January 24, 2013, the following sections are further amended: Sec. 204.2(z), (ff), (gg) and (hh); Sec. 204.5 (b)(2), (d)(4)(i), and (e); Sec. 204.6 (a) and (b); Sec. 204.10 (b)(1), (b)(3), and (c).","disposition_notes":null,"docket_ids":["Regulation D","Docket No. R-1433"],"dockets":[],"document_number":"2012-8562","effective_on":"2012-07-12","end_page":21854,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2012/04/12/2012-8562.xml","html_url":"https://www.federalregister.gov/documents/2012/04/12/2012-8562/reserve-requirements-of-depository-institutions-reserves-simplification","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2012-8562?publication_date=2012-04-12","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2012-04-12/2012-8562/mods.xml","not_received_for_publication":null,"page_length":9,"page_views":{"count":3588,"last_updated":"2026-04-04 14:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2012-04-12/pdf/2012-8562.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2012-08562.pdf?1334148611","publication_date":"2012-04-12","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2012/04/12/2012-8562.txt","regulation_id_number_info":{"7100-AD83":null},"regulation_id_numbers":["7100-AD83"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FRS-2012-0108","supporting_documents_count":0,"docket_id":"FRS-2012-0108","regulation_id_number":"7100-AD83","title":"Reserve Requirements of Depository Institutions: Reserves Simplification","checked_regulationsdotgov_at":"2012-05-02T08:07:18Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":21846,"subtype":null,"title":"Reserve Requirements of Depository Institutions: Reserves Simplification","toc_doc":"Reserves Simplification","toc_subject":"Reserve Requirements of Depository Institutions:","topics":["Banks, banking","Banks, banking","Banks, banking","Banks, banking","Federal Reserve System","Reporting and recordkeeping requirements"],"type":"Rule","volume":77}