The Board is adopting a final policy statement describing the framework that the Board will follow under its Regulation Q in setting the amount of the U.S. countercyclical capital buffer for advanced approaches bank holding companies, savings and loan holding companies, and state member banks. The final policy statement became effective October 14, 2016 (Regulation Q at 3-2100, Docket R-1529) and was published in the Federal Register on September 16, 2016.