GSIB Act of 2026

HR 7513, the GSIB Act of 2026, requires the largest global systemically important bank holding companies (GSIBs) to submit detailed annual reports to the Federal Reserve Board. These reports must cover specific disclosures including the bank's size and complexity, branch locations, enforcement actions (including labor and safety violations), trading desk activities, executive compensation comparisons, climate risk strategies, environmental justice impacts, and diversity policies. The bill mandates public availability of these reports on the Federal Reserve's website, increasing transparency around banking practices. This affects only the most significant banks deemed systemically important by regulators, not all financial institutions.