2021-12-21
Added · Updated
The Board of Governors of the Federal Reserve System, the FDIC, and the OCC issued a statement regarding the optional community bank leverage ratio framework for qualifying organizations with less than $10 billion in assets. The agencies announced that the temporary ratio requirement will revert to 9 percent starting in the first quarter of 2022, while clarifying the availability of a two-quarter grace period to help banks manage capital and balance sheets. This guidance provides information on the grace period but does not alter any existing agency rules or regulations.
More like this from FRB
FRB published 3 documents in the last 30 days. We email you each new one the day it's published.