83 FR 24233 - Regulatory Capital Rules: Regulatory Capital, Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Certain of Their Subsidiary Insured Depository Institutions; Total Loss-Absorbing Capacity Requirements for U.S. Global Systemically Important Bank Holding Companies

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 102 (May 25, 2018)

On April 19, 2018, the Board of Governors of the Federal Reserve System (Board) and the Office of the Comptroller of the Currency (OCC) published in the Federal Register a proposal to modify the enhanced supplementary leverage ratio standards for U.S. top-tier bank holding companies identified as global systemically important bank holding companies, or GSIBs, and certain of their insured depository institution subsidiaries. The proposal also included conforming modifications to the Board's total-loss absorbing capacity and long- term debt rules. The Board and the OCC have determined that an extension of the comment period until June 25, 2018, is appropriate.

[Federal Register Volume 83, Number 102 (Friday, May 25, 2018)]
[Proposed Rules]
[Page 24233]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-11336]


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Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.

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Federal Register / Vol. 83, No. 102 / Friday, May 25, 2018 / Proposed 
Rules

[[Page 24233]]



DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

12 CFR Part 6

[Docket ID OCC-2018-0002]
RIN 1557-AE35
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FEDERAL RESERVE SYSTEM

12 CFR Parts 208, 217, and 252

[Docket No. R-1604]
RIN 7100 AF-03


Regulatory Capital Rules: Regulatory Capital, Enhanced 
Supplementary Leverage Ratio Standards for U.S. Global Systemically 
Important Bank Holding Companies and Certain of Their Subsidiary 
Insured Depository Institutions; Total Loss-Absorbing Capacity 
Requirements for U.S. Global Systemically Important Bank Holding 
Companies

AGENCY: Office of the Comptroller of the Currency, Treasury, and the 
Board of Governors of the Federal Reserve System.

ACTION: Notice; extension of comment period.

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SUMMARY: On April 19, 2018, the Board of Governors of the Federal 
Reserve System (Board) and the Office of the Comptroller of the 
Currency (OCC) published in the Federal Register a proposal to modify 
the enhanced supplementary leverage ratio standards for U.S. top-tier 
bank holding companies identified as global systemically important bank 
holding companies, or GSIBs, and certain of their insured depository 
institution subsidiaries. The proposal also included conforming 
modifications to the Board's total-loss absorbing capacity and long-
term debt rules. The Board and the OCC have determined that an 
extension of the comment period until June 25, 2018, is appropriate.

DATES: Comments must be received by June 25, 2018.

ADDRESSES: You may submit comments by any of the methods identified in 
the proposal.

FOR FURTHER INFORMATION CONTACT: 
    OCC: Venus Fan, Risk Expert (202) 649-6514, Capital and Regulatory 
Policy; or Carl Kaminski, Special Counsel; Allison Hester-Haddad, 
Counsel, or Christopher Rafferty, Attorney, Legislative and Regulatory 
Activities Division, (202) 649-5490 or, for persons who are deaf or 
hearing impaired, TTY, (202) 649-5597, Office of the Comptroller of the 
Currency, 400 7th Street SW, Washington, DC 20219.
    Board: Constance M. Horsley, Deputy Associate Director, (202) 452-
5239; Elizabeth MacDonald, Manager, (202) 475-6316, Holly Kirkpatrick, 
Supervisory Financial Analyst, (202) 452-2796, or Noah Cuttler, Senior 
Financial Analyst (202) 912-4678, Capital and Regulatory Policy, 
Division of Banking Supervision and Regulation; or Benjamin W. 
McDonough, Assistant General Counsel, (202) 452-2036; David Alexander, 
Counsel, (202) 452-2877, Greg Frischmann, Counsel, (202) 452-2803, Mark 
Buresh, Senior Attorney, (202) 452-5270, or Mary Watkins, Attorney, 
(202) 452-3722, Legal Division, Board of Governors of the Federal 
Reserve System, 20th and C Streets NW, Washington, DC 20551. For the 
hearing impaired only, Telecommunication Device for the Deaf (TDD), 
(202) 263-4869.

SUPPLEMENTARY INFORMATION: On April 19, 2018, the Board of Governors of 
the Federal Reserve System (Board) and the Office of the Comptroller of 
the Currency (OCC) published in the Federal Register a proposal to 
amend the enhanced supplementary leverage ratio (eSLR) standards of the 
Board and the OCC.\1\ The proposal stated that the comment period would 
close on May 21, 2018. Commenters have requested that the Board and the 
OCC extend the comment period. An extension of the comment period will 
provide additional opportunity for the public to consider the proposal 
and prepare comments, including to address the questions posed by the 
Board and the OCC. Therefore, the Board and the OCC are extending the 
end of the comment period for the proposal from May 21, 2018 to June 
25, 2018.
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    \1\ 83 FR 17317 (April 19, 2018).

    Dated: May 22, 2018
Joseph M. Otting,
Comptroller of the Currency.
    By order of the Board of Governors of the Federal Reserve 
System, acting through the Secretary of the Board under delegated 
authority, May 17, 2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018-11336 Filed 5-24-18; 8:45 am]
 BILLING CODE 4810-33-6210-01-P