United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2014_register executive 2014-10-07 article Rules and Regulations D09002ee1c7f86ad8 D09002ee1c7f86be7 United States Department of Treasury originator org United States Government Agency or Subagency United States Office of the Comptroller of the Currency originator org United States Government Agency or Subagency United States Federal Reserve System originator org United States Government Agency or Subagency United States Federal Deposit Insurance Corporation originator org United States Government Agency or Subagency In May 2014, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) issued a notice of proposed rulemaking (NPR or proposed rule) to revise the definition of the denominator of the supplementary leverage ratio (total leverage exposure) that the agencies adopted in July 2013 as part of comprehensive revisions to the agencies' regulatory capital rules (2013 revised capital rule). The agencies are adopting the proposed rule as final (final rule) with certain revisions and clarifications based on comments received on the proposed rule. The final rule revises total leverage exposure as defined in the 2013 revised capital rule to include the effective notional principal amount of credit derivatives and other similar instruments through which a banking organization provides credit protection (sold credit protection); modifies the calculation of total leverage exposure for derivative and repo-style transactions; and revises the credit conversion factors applied to certain off-balance sheet exposures. The final rule also changes the frequency with which certain components of the supplementary leverage ratio are calculated and establishes the public disclosure requirements of certain items associated with the supplementary leverage ratio. The final rule applies to all banks, savings associations, bank holding companies, and savings and loan holding companies (banking organizations) that are subject to the agencies' advanced approaches risk-based capital rules, as defined in the 2013 revised capital rule (advanced approaches banking organizations), including advanced approaches banking organizations that are subject to the enhanced supplementary leverage ratio standards that the agencies finalized in May 2014 (eSLR standards). Consistent with the 2013 revised capital rule, advanced approaches banking organizations will be required to disclose their supplementary leverage ratios beginning January 1, 2015, and will be required to comply with a minimum supplementary leverage ratio capital requirement of 3 percent and, as applicable, the eSLR standards beginning January 1, 2018. 79 FR 57725 https://www.govinfo.gov/app/details/FR-2014-09-26/2014-22083 2014-22083 fr26se14-3 RIN 1557-AD81 RIN 7100-AD16 RIN 3064-AE12 4810-33-P; 6210-01-P; 6714-01-P Docket ID OCC-2014-0008 Regulation Q Docket No. R-1487 https://www.govinfo.gov/app/details/FR-2014-09-26/2014-22083 https://www.govinfo.gov/content/pkg/FR-2014-09-26/html/2014-22083.htm https://www.govinfo.gov/content/pkg/FR-2014-09-26/pdf/2014-22083.pdf Banks Banking Federal Reserve System Holding Companies Securities Administrative Practice and Procedure Capital National Banks Reporting and Recordkeeping Requirements Risk Capital Adequacy Savings Associations State Non-Member Banks 27 p. 57725 57751 79 FR 57725 Title 12 Part 217 12 CFR Part 217 Title 12 Part 324 12 CFR Part 324 Title 12 Part 3 12 CFR Part 3 RIN 1557-AD81 RIN 7100-AD16 RIN 3064-AE12 Regulatory Capital Rules: Regulatory Capital, Revisions to the Supplementary Leverage Ratio; Federal Register Vol. 79, Issue RULE 2014-22083 DEPARTMENT OF TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION 2015-01-01 Docket ID OCC-2014-0008 Regulation Q Docket No. R-1487 4810-33-P; 6210-01-P; 6714-01-P 2014-22083 Final rule.

In May 2014, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) issued a notice of proposed rulemaking (NPR or proposed rule) to revise the definition of the denominator of the supplementary leverage ratio (total leverage exposure) that the agencies adopted in July 2013 as part of comprehensive revisions to the agencies' regulatory capital rules (2013 revised capital rule). The agencies are adopting the proposed rule as final (final rule) with certain revisions and clarifications based on comments received on the proposed rule. The final rule revises total leverage exposure as defined in the 2013 revised capital rule to include the effective notional principal amount of credit derivatives and other similar instruments through which a banking organization provides credit protection (sold credit protection); modifies the calculation of total leverage exposure for derivative and repo-style transactions; and revises the credit conversion factors applied to certain off-balance sheet exposures. The final rule also changes the frequency with which certain components of the supplementary leverage ratio are calculated and establishes the public disclosure requirements of certain items associated with the supplementary leverage ratio. The final rule applies to all banks, savings associations, bank holding companies, and savings and loan holding companies (banking organizations) that are subject to the agencies' advanced approaches risk-based capital rules, as defined in the 2013 revised capital rule (advanced approaches banking organizations), including advanced approaches banking organizations that are subject to the enhanced supplementary leverage ratio standards that the agencies finalized in May 2014 (eSLR standards). Consistent with the 2013 revised capital rule, advanced approaches banking organizations will be required to disclose their supplementary leverage ratios beginning January 1, 2015, and will be required to comply with a minimum supplementary leverage ratio capital requirement of 3 percent and, as applicable, the eSLR standards beginning January 1, 2018.

The final rule is effective January 1, 2015. OCC: Margot Schwadron, Senior Risk Expert, (202) 649-6982; or Nicole Billick, Risk Expert, (202) 649-7932, Capital Policy; or Carl Kaminski, Counsel; or Henry Barkhausen, Attorney, Legislative and Regulatory Activities Division, (202) 649-5490, for persons who are deaf or hard of hearing, TTY (202) 649-5597, Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219. Banks Banking Federal Reserve System Holding Companies Securities Administrative Practice and Procedure Capital National Banks Reporting and Recordkeeping Requirements Risk Capital Adequacy Savings Associations State Non-Member Banks Regulatory Capital Rules: Regulatory Capital, Revisions to the Supplementary Leverage Ratio , bbean@fdic.gov gpyun@fdic.gov kreitz@fdic.gov mphillips@fdic.gov oira_submission@omb.eop.gov rackmann@fdic.gov rbillingsley@fdic.gov regulatorycapital@fdic.gov http://www.bis.org/publ/bcbs251.htm http://www.bis.org/publ/bcbs270.htm http://www.bis.org/publ/bcbs279.htm Vol. 79, no. 187 Office of the Federal Register, National Archives and Records Administration 2014-09-26 continuing daily deposited born digital 550 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2014-09-26 P0b002ee189db152e 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr26se14 https://www.govinfo.gov/app/details/FR-2014-09-26 https://www.govinfo.gov/content/pkg/FR-2014-09-26/pdf/FR-2014-09-26.pdf https://www.govinfo.gov/content/pkg/FR-2014-09-26/xml/FR-2014-09-26.xml fdlp 57699 58240 DGPO 2014-10-07 2024-06-02 FR-2014-09-26 machine generated eng FR FR-2014-09-26 79 187