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118-hr-9848Committee
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GSIB Act of 2024

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Summary

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The GSIB Act of 2024 requires global systemically important bank holding companies to submit annual reports to the Federal Reserve Board detailing their activities, structure, and performance across multiple dimensions. Reports must include information on company size and complexity, enforcement actions, trading activities, compensation practices, diversity policies, cybersecurity, climate risk exposure, environmental justice concerns, and merger impacts, with all reports made publicly available on the Federal Reserve's website.

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Bill details

Congress
118
Bill type
hr
Introduced
September 25, 2024
Sponsor
Not yet available
Last action
September 25, 2024— Referred to the House Committee on Financial Services.

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