WASHINGTON, July 10 -- Office of the Comptroller of the Currency has issued a proposed rule called: Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies.
The proposed rule was published in the Federal Register on July 10 by Rodney E. Hood, Acting Comptroller of the Currency.
Summary: The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and Federal Deposit Insurance Corporation (FDIC) are inviting public comment on...