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Data / Federal rules / 2024-05322

Financial Market Utilities

The Federal Reserve System published this final rule in the Federal Register on March 15, 2024. It took effect on April 15, 2024.

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What the agency says

The Board of Governors of the Federal Reserve System (Board) is publishing a final rule amending the requirements relating to operational risk management in the Board's Regulation HH, which applies to certain financial market utilities (FMUs) that have been designated as systemically important (designated FMUs) by the Financial Stability Oversight Council (FSOC) under Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act or Act). The amendments update, refine, and add specificity to the operational risk management requirements in Regulation HH to reflect changes in the operational risk, technology, and regulatory landscape in which designated FMUs operate. The final rule also adopts specific incident- notification requirements.

Key facts

Document number
2024-05322
Type
Final rule
Action
Final rule
Agency
Federal Reserve System
Published
March 15, 2024
Takes effect
April 15, 2024
Dates
Effective date: The final rule is effective April 15, 2024.
Docket
Regulation HH; Docket No. R-1782
Regulation ID (RIN)
7100-AG40
Code of Federal Regulations
12 CFR 234
Topics
Banks, banking; Credit; Electronic funds transfers; Securities
Pages
19

The document on federalregister.gov PDF

Other documents from the Federal Reserve System

Everything from the Federal Reserve System · Rules on banks, banking · Rules on credit · Rules on electronic funds transfers · Published in March 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.