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TREAS/OCC RIN: 1557-AE60 Publication ID: Spring 2019 
Title: ●Revisions to the Supplemental Leverage Ratio to Exclude Certain Central Bank Deposits of Banking Organizations Predominantly Engaged in Custody, Safekeeping and Asset Servicing Activities 
Abstract:

The OCC, FRB, and FDIC plan to issue a proposed rule to implement section 402 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.  Section 402 directs the agencies to amend the supplementary leverage ratio under the capital rule to exclude certain central bank deposits of banking organizations predominantly engaged in custody, safekeeping, and asset servicing activities.  Under the proposal, a banking organization that qualifies as a custodial banking organization would exclude deposits placed with certain central banks from the supplementary leverage ratio, subject to a specified limit.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 3   
Legal Authority: 12 U.S.C. 93a    12 U.S.C. 161    12 U.S.C. 1462    12 U.S.C. 1462a    12 U.S.C. 1463    12 U.S.C. 1464    12 U.S.C. 1818    12 U.S.C. 1828(n)    12 U.S.C. 1828 note    12 U.S.C. 1831n note    12 U.S.C. 1835    12 U.S.C. 3907    12 U.S.C. 3909    12 U.S.C. 5412(b)(2)(B)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/00/2019 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Ron Shimabukuro
Senior Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6282
Email: ron.shimabukuro@occ.treas.gov

Christopher Rafferty
Attorney
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-8276
Email: christopher.rafferty@occ.treas.gov