; and (ii) not later than 30 days after the date on which the responsible agency received the response, provides the applicant a detailed notice describing the deficiencies. (D) Treatment of third-party information In determining whether the record on an application is complete, the responsible agency may take into account only information provided by the applicant, and may not base the determination of completeness on any information (including reports, views, or recommendations) provided by third parties. (15) Deadline for determination (A) In general Notwithstanding any other provision of this subsection, the responsible agency shall grant or deny a merger application submitted under this subsection not later than 90 days after the date on which the application was initially submitted to the responsible agency, regardless of whether the record on such initial application was complete. (B) Failure to make a determination If the responsible agency does not grant or deny an application within the time period described under subparagraph (A), such application shall be deemed to have been granted. (C) Tolling of period The responsible agency may at any time extend the deadline described under subparagraph (A) at the request of the applicant, but may not extend the deadline more than 30 days past the deadline described under subparagraph (A). . III Stress Testing Accountability and Transparency 301. Rulemaking related to stress capital buffer requirements (a) In general Not later than 90 days after the date of the enactment of this section, the Board of Governors of the Federal Reserve System (in this title referred to as the Board ) shall issue a rule to establish any models, assumptions, formulas, or other decisional methodologies that are used to determine any component or subcomponent of the stress capital buffer requirement for a bank holding company. (b) Changes The Board may only make changes to the rule issued under subsection (a) through notice and comment rulemaking. (c) Stress capital buffer requirement