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FRS RIN: 7100-AE16 Publication ID: Fall 2014 
Title: ●Regulation Q -- Regulatory Capital Rule: Regulatory Capital, Proposed Revisions to the Supplementary Leverage Ratio (Docket No: R-1487) 
Abstract:

On September 3, 2014, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively the agencies), issued a final rule that revises the denominator of the supplementary leverage ratio (total leverage exposure) that the agencies adopted in July 2013 as part of comprehensive revisions to the agencies regulatory capital rules (2013 revised capital rule).  Specifically, the final rule revises total leverage exposure as defined in the 2013 revised capital rule, to include, the effective notional principal amount of credit derivatives and other similar instruments through which a banking organization provides credit protection (sold credit protection); modifies the calculation of total leverage exposure for derivative and repo-style transactions; and revises the credit conversion factors applied to certain off-balance sheet exposures.  The final rule also changes the frequency with which certain components of the supplementary leverage ratio are calculated and establishes the public disclosure requirements of certain items associated with the supplementary leverage ratio.

 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 5 USC217     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 USC 248 (a)    12 USC 321    12 USC 481    12 USC 1462 (a)    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comment  05/01/2014  79 FR 24590   
Board Expects Further Action  11/00/2014 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Constance Horsley
Deputy Associate Director
Federal Reserve System
Division of Supervision and Regulation,
Washington, DC 20551
Phone:202 452-5239