Agencies Finalize Changes to Supplementary Leverage Ratio as Required by Economic Growth, Regulatory Relief and Consumer Protection Act
November 19, 2019
November 19, 2019
WASHINGTON, Nov. 19 -- The Federal Deposit Insurance Corporation issued the following news release:
The federal bank regulatory agencies have finalized changes to a capital requirement for banking organizations predominantly engaged in custodial activities, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). The final rule is unchanged from the proposal (https://www.fdic.gov/news/news/press/2019/pr19036.html) issued for public comment in Apr . . .
The federal bank regulatory agencies have finalized changes to a capital requirement for banking organizations predominantly engaged in custodial activities, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). The final rule is unchanged from the proposal (https://www.fdic.gov/news/news/press/2019/pr19036.html) issued for public comment in Apr . . .