Finance & markets · 06/01/2021

OCC, Board, and FDIC Adopt Final Rule on Regulatory Capital Treatment for Investments in Unsecured Debt Instruments of Global Systemically Important Banks

The OCC, Board, and FDIC are implementing a new rule to reduce interconnectedness within the financial system and systemic risks, requiring deductions from regulatory capital for certain investments in unsecured debt instruments issued by global systemically important banks.