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 2018_register executive 2018-04-19 article Proposed Rules D09002ee1c7e882c1 D09002ee1c7e88329 United States Department of the 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 The Board of Governors of the Federal Reserve System (Board) and the Office of the Comptroller of the Currency (OCC) are seeking comment on a proposal that would modify the enhanced supplementary leverage ratio standards for U.S. top-tier bank holding companies identified as global systemically important bank holding companies, or GSIBs, and certain of their insured depository institution subsidiaries. Specifically, the proposal would modify the current 2 percent leverage buffer, which applies to each GSIB, to equal 50 percent of the firm's GSIB risk-based capital surcharge. The proposal also would require a Board- or OCC-regulated insured depository institution subsidiary of a GSIB to maintain a supplementary leverage ratio of at least 3 percent plus 50 percent of the GSIB risk-based surcharge applicable to its top-tier holding company in order to be deemed "well capitalized" under the Board's and the OCC's prompt corrective action rules. Consistent with this approach to establishing enhanced supplementary leverage ratio standards for insured depository institutions, the OCC is proposing to revise the methodology it uses to identify which national banks and Federal savings associations are subject to the enhanced supplementary leverage ratio standards to ensure that they apply only to those national banks and Federal savings associations that are subsidiaries of a Board-identified GSIB. The Board also is seeking comment on a proposal to make conforming modifications to the GSIB leverage buffer of the Board's total loss- absorbing capacity and long-term debt requirements and other minor amendments to the buffer levels, covered intermediate holding company conformance period, methodology for calculating the covered intermediate holding company long-term debt amount, and external total loss-absorbing capacity risk-weighted buffer. 83 FR 17317 https://www.govinfo.gov/app/details/FR-2018-04-19/2018-08066 2018-08066 fr19ap18-8 RIN 1557-AE35 RIN 7100 AF03 6210-01-P 4810-33-P Docket ID OCC-2018-0002 Docket No. R-1604 https://www.govinfo.gov/app/details/FR-2018-04-19/2018-08066 https://www.govinfo.gov/content/pkg/FR-2018-04-19/html/2018-08066.htm https://www.govinfo.gov/content/pkg/FR-2018-04-19/pdf/2018-08066.pdf Accounting Agriculture Banks Banking Confidential Business Information Consumer Protection Crime Currency Global Systemically Important Bank Insurance Investments Mortgages Reporting and Recordkeeping Requirements Securities Administrative Practice and Procedure Holding Companies Federal Reserve System Federal Savings Associations National Banks 11 p. 17317 17327 83 FR 17317 Title 12 Part 208 12 CFR Part 208 Title 12 Part 217 12 CFR Part 217 Title 12 Part 252 12 CFR Part 252 Title 12 Part 6 12 CFR Part 6 RIN 1557-AE35 RIN 7100 AF03 Regulatory Capital Rules: Regulatory Capital, Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Certain of Their Subsidiary Insured Depository Institutions; Total Loss-Absorbing Capacity Requirements for U.S. Global Systemically Important Bank Holding Companies; Federal Register Vol. 83, Issue PRORULE 2018-08066 DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM 2018-05-21 Docket ID OCC-2018-0002 Docket No. R-1604 6210-01-P 4810-33-P 2018-08066 Joint notice of proposed rulemaking.

The Board of Governors of the Federal Reserve System (Board) and the Office of the Comptroller of the Currency (OCC) are seeking comment on a proposal that would modify the enhanced supplementary leverage ratio standards for U.S. top-tier bank holding companies identified as global systemically important bank holding companies, or GSIBs, and certain of their insured depository institution subsidiaries. Specifically, the proposal would modify the current 2 percent leverage buffer, which applies to each GSIB, to equal 50 percent of the firm's GSIB risk-based capital surcharge. The proposal also would require a Board- or OCC-regulated insured depository institution subsidiary of a GSIB to maintain a supplementary leverage ratio of at least 3 percent plus 50 percent of the GSIB risk-based surcharge applicable to its top-tier holding company in order to be deemed "well capitalized" under the Board's and the OCC's prompt corrective action rules. Consistent with this approach to establishing enhanced supplementary leverage ratio standards for insured depository institutions, the OCC is proposing to revise the methodology it uses to identify which national banks and Federal savings associations are subject to the enhanced supplementary leverage ratio standards to ensure that they apply only to those national banks and Federal savings associations that are subsidiaries of a Board-identified GSIB. The Board also is seeking comment on a proposal to make conforming modifications to the GSIB leverage buffer of the Board's total loss- absorbing capacity and long-term debt requirements and other minor amendments to the buffer levels, covered intermediate holding company conformance period, methodology for calculating the covered intermediate holding company long-term debt amount, and external total loss-absorbing capacity risk-weighted buffer.

Comments must be received by May 21, 2018. OCC: Venus Fan, Risk Expert (202) 649-6514, Capital and Regulatory Policy; or Carl Kaminski, Special Counsel; Allison Hester-Haddad, Counsel, or Christopher Rafferty, Attorney, Legislative and Regulatory Activities Division, (202) 649-5490 or, for persons who are deaf or hearing impaired, TTY, (202) 649-5597, Office of the Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219. Accounting Agriculture Banks Banking Confidential Business Information Consumer Protection Crime Currency Global Systemically Important Bank Insurance Investments Mortgages Reporting and Recordkeeping Requirements Securities Administrative Practice and Procedure Holding Companies Federal Reserve System Federal Savings Associations National Banks Regulatory Capital Rules: Regulatory Capital, Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Certain of Their Subsidiary Insured Depository Institutions, etc. , regs.comments@federalreserve.gov regs.comments@occ.treas.gov http://www.federalreserve.gov http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm https://www.federalreserve.gov/newsevents/pressreleases/bcreg20180410a.htm Regulations.gov www.regulations.gov Vol. 83, no. 76 Office of the Federal Register, National Archives and Records Administration 2018-04-19 continuing daily deposited born digital 201 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2018-04-19 P0b002ee19a156be2 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr19ap18 https://www.govinfo.gov/app/details/FR-2018-04-19 https://www.govinfo.gov/content/pkg/FR-2018-04-19/pdf/FR-2018-04-19.pdf https://www.govinfo.gov/content/pkg/FR-2018-04-19/xml/FR-2018-04-19.xml fdlp 17285 17475 DGPO 2018-04-19 2024-06-01 FR-2018-04-19 machine generated eng FR FR-2018-04-19 83 76