# Regulatory Capital Rule: Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996; Revised Effective Date
> **US Federal Reserve System** · Final rule, announcement of effective date, early adoption. · Published 2019-11-13 · Effective 2020-01-01 · 84 FR 61804
## Document
- **Document number:** 2019-23467
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 84 FR 61804
- **CFR reference:** 12 CFR 3
- **Publication date:** 2019-11-13
- **Effective date:** 2020-01-01
- **Docket:** Docket ID OCC-2017-0018
## Abstract

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are adopting a final rule that permits insured depository institutions and depository institution holding companies not subject to the advanced approaches capital rule to implement certain provisions of the final rule titled Regulatory Capital: Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996, which was issued by the agencies in July 22, 2019, (Capital Simplifications Final Rule) on January 1, 2020, rather than April 1, 2020, as initially provided. Consistent with this approach, the transitions provisions of the regulatory capital rule are being amended to provide that banking organizations not subject to the advanced approaches capital rule will be permitted to implement the Capital Simplifications Final Rule as of its revised effective date in the quarter beginning January 1, 2020, or to wait until the quarter beginning April 1, 2020.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/11/13/2019-23467/regulatory-capital-rule-simplifications-to-the-capital-rule-pursuant-to-the-economic-growth-and)
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