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 2020_register executive 2020-10-08 article Rules and Regulations D09002ee1c7b63b12 D09002ee1c7b6427f 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 The OCC, Board, and FDIC (together, the agencies) are adopting as final the revisions to the definition of eligible retained income made under the interim final rule published in the Federal Register on March 20, 2020, for all depository institutions, bank holding companies, and savings and loan holding companies subject to the agencies' capital rule. The final rule revises the definition of eligible retained income to make more gradual any automatic limitations on capital distributions that could apply under the agencies' capital rule. Separately, in this final rule, the Board also is adopting as final the definition of eligible retained income made under the interim final rule published in the Federal Register on March 26, 2020, for purposes of the Board's total loss-absorbing capacity (TLAC) rule. The final rule adopts these interim final rules with no changes. 85 FR 63423 https://www.govinfo.gov/app/details/FR-2020-10-08/2020-19829 2020-19829 FR08OC20-1 RIN 1557-AE81 RIN 3064-AF40 4810-33-P, 6210-01-P; 6714-01-P Docket No. OCC-2020-0009 Regulations Q and YY Docket Nos. R-1703, 1706 RIN 7100-AF77, 7100-AF80 https://www.govinfo.gov/app/details/FR-2020-10-08/2020-19829 https://www.govinfo.gov/content/pkg/FR-2020-10-08/html/2020-19829.htm https://www.govinfo.gov/content/pkg/FR-2020-10-08/pdf/2020-19829.pdf 6 p. 63423 63428 85 FR 63423 Title 12 Part 217 12 CFR Part 217 Title 12 Part 252 12 CFR Part 252 Title 12 Part 3 12 CFR Part 3 Title 12 Part 324 12 CFR Part 324 RIN 1557-AE81 RIN 3064-AF40 Regulatory Capital Rule and Total Loss-Absorbing Capacity Rule: Eligible Retained Income; Federal Register Vol. 85, Issue RULE 2020-19829 DEPARTMENT OF TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION 2021-01-01 Docket No. OCC-2020-0009 Regulations Q and YY Docket Nos. R-1703, 1706 RIN 7100-AF77, 7100-AF80 4810-33-P, 6210-01-P; 6714-01-P 2020-19829 Final rule.

The OCC, Board, and FDIC (together, the agencies) are adopting as final the revisions to the definition of eligible retained income made under the interim final rule published in the Federal Register on March 20, 2020, for all depository institutions, bank holding companies, and savings and loan holding companies subject to the agencies' capital rule. The final rule revises the definition of eligible retained income to make more gradual any automatic limitations on capital distributions that could apply under the agencies' capital rule. Separately, in this final rule, the Board also is adopting as final the definition of eligible retained income made under the interim final rule published in the Federal Register on March 26, 2020, for purposes of the Board's total loss-absorbing capacity (TLAC) rule. The final rule adopts these interim final rules with no changes.

The final rule is effective January 1, 2021. OCC: Benjamin Pegg, Risk Expert, Capital and Regulatory Policy, (202) 649-6370; or Kevin Korzeniewski, Counsel, or Marta Stewart-Bates, Senior Attorney, Chief Counsel's Office, (202) 649-5490, 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. Regulatory Capital Rule and Total Loss-Absorbing Capacity Rule: Eligible Retained Income, bbean@fdic.gov bbosco@fdic.gov cawood@fdic.gov mmaloney@fdic.gov mphillips@fdic.gov regulatorycapital@fdic.gov https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20200304a2.pdf https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-34a.pdf Vol. 85, no. 196 Office of the Federal Register, National Archives and Records Administration 2020-10-08 continuing daily deposited born digital 571 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2020-10-08 P0b002ee1a89385b4 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:FR08OC20 https://www.govinfo.gov/app/details/FR-2020-10-08 https://www.govinfo.gov/content/pkg/FR-2020-10-08/pdf/FR-2020-10-08.pdf https://www.govinfo.gov/content/pkg/FR-2020-10-08/xml/FR-2020-10-08.xml fdlp 63423 63991 DGPO 2020-10-08 2024-05-30 FR-2020-10-08 machine generated eng FR FR-2020-10-08 85 196