The proposal of the Federal Reserve Board, FDIC and Office of the Comptroller of the Currency, simplifying capital requirements for qualifying community banking organizations that opt into a community bank leverage ratio framework ("CBLR"), was published in the Federal Register. Comments must be submitted by April 9, 2019.
As previously covered, the proposed CBLR framework is a "simple alternative methodology to measure capital adequacy" and would provide substantial regulatory relief to smaller banking organizations, consistent with Section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
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