Regulatory Alerts2020-02-26 | C1-2019-23472Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations
The Office of the Comptroller of the Currency, Federal Reserve System, and Federal Deposit Insurance Corporation issued this correction to amend § 6.4 of the Regulatory Capital Rule governing capital simplification for qualifying community banking organizations. The amendment revises the section heading and paragraph (a), removes paragraph (b), redesignates paragraph (c) as the new paragraph (b), and updates its introductory text and subsection (1). Subsequent paragraphs (d) and (e) are correspondingly redesignated as (c) and (d), ensuring structural alignment with the rule’s simplified capital framework.
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