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TREAS/OCC RIN: 1557-AE38 Publication ID: Fall 2019 
Title: Heightened Capital Requirements for Investments in Long-Term Debt Instruments Issued by Global Systemically Important Bank Holding Companies and Intermediate Holding Companies  
Abstract:

The OCC, FRB, and FDIC are planning to issue a notice of proposed rulemaking that would specify capital requirements applicable to an advanced approaches banking organization that invests in long-term debt (LTD) instruments issued by a global systemically important banking organization to meet regulatory loss-absorbing debt requirements such as the FRB’s total loss absorbing capacity (TLAC) regulations, and related types of debt instruments.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 3   
Legal Authority: 12 U.S.C. 93(a)    12 U.S.C. 161    12 U.S.C. 1462    12 U.S.C. 1462(a)    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. 1831(n) (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  04/08/2019  84 FR 13814   
NPRM Comment Period End  06/07/2019 
Final Rule  02/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0019   Public Comment URL: https://www.regulations.gov/docketBrowser?rpp=25&so=DESC&sb=commentDueDate&po=0&dct=PS&D=OCC-2018-0019  
RIN Data Printed in the FR: No 
Agency Contact:
Carl Kaminski
Assistant Director, Bank Advisory
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-5869
Email: carl.kaminski@occ.treas.gov