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The OCC, FRB, and FDIC issued a final rule to strengthen the leverage ratio standards for large interconnected U.S. banking organizations. The rule applies to any U.S. top-tier bank holding company (BHC) with at least $700 billion in total consolidated assets or at least $10 trillion in assets under custody (covered BHC) and any insured depository institution (IDI) subsidiary of these BHCs. In the Basel III final rule the banking agencies established a minimum supplementary leverage ratio of 3 percent (supplementary leverage ratio) consistent with the minimum leverage ratio adopted by the Basel Committee on Banking Supervision for banking organizations subject to the advanced approaches risk-based capital rules. In this final rule the banking agencies establish a well capitalized threshold of 6 percent for the supplementary leverage ratio for any IDI that is a subsidiary of a covered BHC under the agencies' prompt corrective action framework.