# Subordinated Debt Issued by a National Bank
> **OCC** · Interim final rule and request for comments. · Published 2014-12-18 · Effective 2015-01-01 · 79 FR 75417
## Document
- **Document number:** 2014-29615
- **Category:** banking-occ
- **Sub-agency:** OCC
- **Federal Register citation:** 79 FR 75417
- **CFR reference:** 12 CFR 5
- **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
- [Federal Register document](https://www.federalregister.gov/documents/2014/12/18/2014-29615/subordinated-debt-issued-by-a-national-bank)
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