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Comments due: FDIC, Federal Reserve, OCC (proposed rule; supplementary leverage ratio rule change for certain central bank deposits)

July 1

The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System, and Federal Deposit Insurance Corp. (FDIC) invite comments on a proposal to implement section 402 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. Section 402 directs the agencies to amend the supplementary leverage ratio of the regulatory capital rule to exclude certain funds of banking organizations deposited with central banks if the banking organization is predominantly engaged in custody, safekeeping, and asset servicing activities.


July 1
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