Regulatory Capital: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies

Key Points

• 1The largest U.S. banks must now maintain higher capital reserves (money set aside) to absorb potential losses
• 2Banks must keep more long-term debt that can be converted to capital if they face serious financial problems
• 3These rules specifically target the 8 to 10 largest, most systemically important U.S. bank holding companies
• 4The changes make banks better able to survive financial crises without needing government bailouts
• 5The regulation takes effect over a transition period to give banks time to adjust their financial structures

Impact Assessment

Key Dates