The proposal would be effective Dec. 31, 2018. Stress buffer requirements will effective Oct. 1, 2019.
On April 10, 2018, the Federal Reserve Board (FRB) requested comments on proposal to simplify capital rules. And on April 11, 2018, the FRB along with the Office of the Comptroller of the Currency (OCC) proposed modifications to enhanced Supplementary Leverage Ratio (eSLR) and Total Loss-absorbing Capacity (TLAC) requirements applicable to Global Systemically Important Bank Holding Companies (GSIBs) and Insured Depository Institutions (IDI). The objectives of the proposals are to:
Impacts of the proposed amendments include more focus on spot capital ratios in determining stress buffers and capital requirements and reduced number of capital requirements for large BHCs.