{"abstract":"The Board is adopting a final rule to amend the compliance dates related to Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations (final SCCL rule). The final rule revises the final SCCL rule to modify the initial compliance dates of January 1, 2020, for a foreign banking organization that has the characteristics of a global systemically important banking organization, and July 1, 2020, for any other foreign banking organization subject to the final SCCL rule to July 1, 2021, and January 1, 2022, respectively, regarding the SCCL applicable to a foreign banking organization's combined U.S. operations only.","action":"Final rule to extend compliance dates.","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/2020/05/28/2020-09665.html","cfr_references":[{"chapter":null,"citation_url":null,"part":252,"title":12}],"citation":"85 FR 31949","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"The final rule is effective on May 28, 2020.","disposition_notes":null,"docket_ids":["Regulation YY","Docket No. R-1534"],"dockets":[],"document_number":"2020-09665","effective_on":"2020-05-28","end_page":31952,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/05/28/2020-09665.xml","html_url":"https://www.federalregister.gov/documents/2020/05/28/2020-09665/single-counterparty-credit-limits-for-bank-holding-companies-and-foreign-banking-organizations","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-09665?publication_date=2020-05-28","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-05-28/2020-09665/mods.xml","not_received_for_publication":null,"page_length":4,"page_views":{"count":2663,"last_updated":"2026-04-24 16:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-05-28/pdf/2020-09665.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-09665.pdf?1590583547","publication_date":"2020-05-28","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/05/28/2020-09665.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2020-05-31T09:00:08Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":31949,"subtype":null,"title":"Single-Counterparty Credit Limits for Bank Holding Companies and Foreign Banking Organizations","toc_doc":null,"toc_subject":null,"topics":["Administrative practice and procedure","Banks, banking","Holding companies","Reporting and recordkeeping requirements","Securities"],"type":"Rule","volume":85}