Finance & markets · 01/06/2020

OCC, Board, and FDIC Issue Interim Final Rule to Temporarily Exclude U.S. Treasury Securities and Deposits from Supplementary Leverage Ratio for Depository Institutions

In response to recent economic disruptions caused by the coronavirus disease 2019, the OCC, Board, and FDIC are temporarily revising the supplementary leverage ratio calculation for depository institutions, allowing them to exclude U.S. Treasury securities and deposits at Federal Reserve Banks from the calculation, subject to certain conditions and approval from primary Federal banking regulators.