Rules and Regulations. Joint advance notice of proposed rulemaking; re-opening of comment period

Agency: The Board of Governors of the Federal Reserve System; the Office of the Comptroller of the Currency; and the Federal Deposit Insurance Corporation
Action: Joint advance notice of proposed rulemaking; re-opening of comment period
Citation: 82 FR (No. 14) · FR Doc. 2017-01539 · RIN 1557-AE06 · RIN 3064-AE45 · Docket ID OCC-2016-0016 · Docket No. R-1550 · 12 CFR 30, 364

Summary

On October 26, 2016, the Board of Governors of the Federal Reserve System (Board), the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) published in the Federal Register an advance notice of proposed rulemaking (ANPR) regarding enhanced cyber risk management standards (enhanced standards) for large and interconnected entities under their supervision and those entities' service providers. The ANPR addresses five categories of cyber standards: Cyber risk governance; cyber risk management; internal dependency management; external dependency management; and incident response, cyber resilience, and situational awareness. Due to the range and complexity of the issues addressed in the ANPR, the public comment period has been extended until February 17, 2017. This action will allow interested persons additional time to analyze the proposal and prepare their comments.

Dates

The comment period for the advance notice of proposed rulemaking published on October 26, 2016, (81 FR 74315) regarding enhanced cyber risk management standards is extended from January 17, 2017, to February 17, 2017.

Supplementary Information

On October 26, 2016, the agencies published in the Federal Register an advance notice of proposed rulemaking regarding enhanced cyber risk management standards (enhanced standards) for large and interconnected entities under their supervision and those entities' service providers. 2 The ANPR stated that the public comment period would close on January 17, 2017. 3 2 Id. 3 Id. The agencies received a number of requests to extend the comment period for the ANPR. Due to the range and complexity of the issues addressed in the ANPR, the agencies believe it is appropriate to extend the public comment period until February 17, 2017. This action will allow interested persons additional time to analyze the proposal and prepare their comments. Dated: January 13, 2017. Thomas J. Curry, Comptroller of the Currency. By order of the Board of Governors of the Federal Reserve System, acting through the Secretary of the Board under delegated authority, January 10, 2017. Robert deV. Frierson, Secretary of the Board. Dated: January 13, 2017. Federal Deposit Insurance Corporation by, Valerie Best, Assistant Executive Secretary. [FR Doc. 2017-01539 Filed 1-23-17; 8:45 am]