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Regulatory Capital Rule: Eligible Retained Income; Correction

Fed · final-rule · Published 2021-01-15 · Effective 2021-01-15 · 86 FR 3761

Document

Document number
2021-00906
Federal Register citation
86 FR 3761
CFR reference
12 CFR 217
Type
Rule
Action
Final rule; correcting amendments.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2021-01-15
Effective date
2021-01-15
Docket
Docket R-1703

Abstract

The Board of Governors of the Federal Reserve System (Board) is correcting changes to the definition of eligible retained income in the capital rule. This definition is used for calculating limitations on capital distributions and discretionary bonus payments and was adopted in an interim final rule published on March 18, 2020, and as a final rule published on October 8, 2020.

Source

Authoritative
Federal Register document
Machine
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