In conjunction with a sweeping inter-agency proposal, the Federal Reserve is proposing to tailor its holding-company standards to reflect the proposed, more differentiated prudential framework and recent statutory changes. The Board is also implementing provisions of EGRRCPA applicable to relatively small BHCs and bringing savings-and-loan holding companies that do not have significant insurance or commercial activities into the BHC framework, a move that would affect only Charles Schwab at this time but suggests that at least some aspects of the broader depository-institution holding company (DIHC) standards would also be revised from the rules the Board proposed in 2016 for insurance-related companies.
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