Bankowość · 08/10/2020

OCC, Board, and FDIC Adopt Final Rules on Eligible Retained Income for Depository Institutions

The OCC, Board, and FDIC have finalized rules revising the definition of eligible retained income for depository institutions, bank holding companies, and savings and loan holding companies, aiming to make gradual automatic limitations on capital distributions under the agencies' capital rule, and for the Board's total loss-absorbing capacity (TLAC) rule.