Regulatory Capital Treatment for Investments in Certain Long Term Unsecured Debt Instruments of Systemically Important U.S. Bank Holding Companies and Certain Intermediate Holding Companies

Activity

Bank Policy Institute filed 3 comments on this docket between Jun 10, 2019 and Feb 5, 2020. 1 other organizations filed here. The comment window closed 2608d ago.

What Bank Policy Institute filed (3)

Abstract

The OCC, Board, and FDIC (collectively, the agencies) are inviting public comment on a notice of proposed rulemaking (proposal) that would address an advanced approaches banking organization's regulatory capital treatment of an investment in unsecured debt instruments issued by foreign or U.S. global systemically important banking organizations (GSIBs) for the purposes of meeting minimum total loss absorbing capacity (TLAC) and, where applicable, long-term debt (LTD) requirements, or unsecured debt instruments issued by GSIBs that are pari passu or subordinated to such debt instruments. Under the proposal, investments by an advanced approaches banking organization in such unsecured debt instruments generally would be subject to deduction from the advanced approaches banking organization's own regulatory capital. The proposal would reduce both interconnectedness within the financial system and systemic risk. The Board is proposing changes to regulatory reporting requirements resulting from the proposal. The Board is also proposing to require that banking organizations subject to minimum TLAC and LTD requirements under Board regulations publicly disclose their TLAC and LTD issuances in a manner described in this proposal.

• Bank Policy InstituteTHIS ORG

  3 filings · confidence 97%
• Securities Industry & Financial Markets Associationtrade assoc.

  1 filing · confidence 85%