In this issue:

- US Federal Reserve Board Expands Applicability of Small Bank Holding Company Policy Statement

- US Federal Reserve Board Requests Public Comment on Proposed Amendments to Regulation D

- European Banking Authority Reports on Progress of Supervisory Convergence Across the EU

- International Organization of Securities Commissions Consults on Business Continuity Plans for Trading Venues and Market Intermediaries

- The Financial Stability Board Launches Second Peer Review on Resolution Regimes

- International Monetary Fund Publishes Chapters on Shadow Banking Risks

- People

- Upcoming Events

- Excerpt from US Federal Reserve Board Expands Applicability of Small Bank Holding Company Policy Statement:

On April 9, 2015, the US Board of Governors of the Federal Reserve System issued a final rule expanding the applicability of its Small Bank Holding Company Policy Statement (“Policy Statement”) to include certain savings and loan holding companies and raising the asset threshold of the Policy Statement from $500 million to $1 billion in total consolidated assets. This rulemaking will allow a greater number of community banks to qualify for the advantages of being deemed a small bank holding company.