Regulatory Capital Rule: Changes to Applicability Thresholds for Regulatory Capital and Liquidity Requirements; Correction
FDIC · other · Published 2020-11-20 · Effective 2020-11-20 · 85 FR 74257
Document
Document number
2020-24900
Federal Register citation
85 FR 74257
CFR reference
12 CFR 324
Type
Rule
Action
Correcting amendment.
Category
other
Agency
US Federal Deposit Insurance Corporation
Publication date
2020-11-20
Effective date
2020-11-20
Abstract
The Federal Deposit Insurance Corporation (FDIC) published an interagency final rule in the Federal Register on November 1, 2019, that revises the criteria for determining the applicability of regulatory capital and liquidity requirements for large U.S. banking organizations and the U.S. intermediate holding companies of certain foreign banking organizations. This final rule aligns the applicability of the enhanced supplementary leverage ratio for purposes of the prompt corrective action provisions in the FDIC's capital rule to its intended scope.