WASHINGTON, April 29 -- Office of the Comptroller of the Currency has issued a rule called: Regulatory Capital Rule: Community Bank Leverage Ratio Framework.
The rule was published in the Federal Register on April 29 by Jonathan V. Gould, Comptroller of the Currency.
Summary: The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are adopting a final rule that lowers the community bank leverage ratio (CBLR) requirement from 9 percent to 8 percent, consistent with the lower bound provided in section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. The final rule also extends the length of time that certain depository insti...