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Comments due: FDIC, Federal Reserve, OCC (interim final rule; CBLR framework)

June 8

This interim final rule makes temporary changes to the community bank leverage ratio framework, pursuant to section 4012 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, statutory interim final rule). As of the second quarter 2020, a banking organization with a leverage ratio of 8 percent or greater (and that meets other qualifying criteria) may elect to use the community bank leverage ratio framework.

Reg lookup: Interim final rule: Temporary changes to the community bank leverage ratio framework

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Date:
June 8
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