Federal Register #2026-06114

FSOC Seeks Comment on Proposed Guidance for Nonbank Financial Company Supervision

The Financial Stability Oversight Council (FSOC) is seeking public comment on proposed interpretive guidance for the supervision and regulation of nonbank financial companies. - Government Buyer: - Financial Stability Oversight Council (FSOC), a federal agency - Purpose and Scope: - Request for public input on updated guidance for identifying and addressing risks to U.S. financial stability posed by nonbank financial companies - Emphasizes an activities-based approach, enhanced analytical rigor, and increased transparency - Introduces a new procedural step allowing FSOC to identify remediation actions for companies or regulators before formal designation - Products/Services Requested: - No products, part numbers, or quantities are being procured - This is a policy and regulatory guidance solicitation, not a purchase of goods or services - Unique or Notable Requirements: - Seeks stakeholder and public feedback on the proposed changes and their potential impact - Focuses on regulatory process improvements rather than procurement of tangible items - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is not a procurement action

Description

This proposed interpretive guidance by the Financial Stability Oversight Council aims to update and replace existing guidance on nonbank financial company determinations and the analytic framework for financial stability risks. It outlines the Council's approach to prioritizing work to identify and address potential risks to U.S. financial stability using an activities-based approach, enhancing analytical rigor and transparency. The guidance also proposes a new procedural step allowing the Council to identify remediation steps for nonbank financial companies or regulatory agencies to address potential threats before formal designation. Public comments are requested by May 14, 2026.

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