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Subordinated Debt Issued by a National Bank

banking-occ · OCC · Rule · Published 2014-12-18 · Effective 2015-01-01 · 79 FR 75417

Document

Document number
2014-29615
Federal Register citation
79 FR 75417
CFR reference
12 CFR 5
Type
Rule
Action
Interim final rule and request for comments.
Category
banking-occ
Sub-agency
OCC
Publication date
2014-12-18
Effective date
2015-01-01
Treasury docket
Docket ID OCC-2014-0024

Abstract

The Office of the Comptroller of the Currency (OCC) is amending its interim final rule making Basel III conforming amendments related to cross-references, subordinated debt and limits based on regulatory capital. The interim final rule, published in the Federal Register on February 28, 2014, revised and clarified the OCC's rules governing subordinated debt issued by national banks and Federal savings associations to make those rules consistent with the 2013 revised capital rules. The OCC is further clarifying the subordinated debt rules for national banks by moving certain provisions from national bank guidance to the rules and making other clarifying and technical amendments.

Source

Authoritative
Federal Register document
Machine
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