Regulatory Capital Rule: 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

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) have finalized modifications to the enhanced supplementary leverage ratio (eSLR) standards for U.S. global systemically important bank holding companies (GSIBs) and their subsidiary depository institutions. This final rule recalibrates the eSLR buffer standard to function as a backstop to risk-based capital requirements, mitigating disincentives for GSIBs to engage in low-risk, low-return activities such as U.S. Treasury market intermediation. The rule also implements conforming amendments to the total loss-absorbing capacity (TLAC) and long-term debt requirements for GSIBs.

The final rule establishes an eSLR buffer standard for GSIBs equal to 50 percent of a firm’s method 1 GSIB surcharge. For covered depository institutions, the buffer is set at 50 percent of the parent GSIB’s method 1 surcharge, subject to a 1 percent cap. These requirements are additive to the 3 percent minimum supplementary leverage ratio. The rule is effective April 1, 2026, with an optional early adoption date of January 1, 2026. Banking organizations should consult the Federal Reserve or FDIC regulatory portals for specific reporting form updates.

Table of Contents

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
12 CFR Parts 3 and 6

RIN 1557–AF31

FEDERAL RESERVE SYSTEM
12 CFR Parts 208, 217, and 252

RIN 7100–AG96

FEDERAL DEPOSIT INSURANCE

CORPORATION
12 CFR Part 324

RIN 3064–AG11
Regulatory Capital Rule: Modifications
to the Enhanced Supplementary
Global Systemically Important Bank
Holding Companies and Their
Subsidiary Depository Institutions;
Total Loss-Absorbing Capacity and
Holding Companies
Table of Contents

I. Introduction
A. Overview of Leverage Capital
B. Objective of Rulemaking

C. Overview of the Proposed Rule and

D. Overview of the Final Rule

II. Final Rule
A. Changes to the Enhanced
1. Proposed Calibration and Comments
2. Calibration of the Holding Company
3. Calibration of the Depository Institution
4. Modification to the Form of the
B. Amendments to Total Loss-Absorbing

C. Applicability Thresholds of the eSLR

D. Comments on Other Potential
E. Technical Corrections

III. Effective Date

IV. Economic Analysis
A. Introduction
B. Baseline
1. Role of Banking Organizations as
2. Treasury Securities Held by Banking

C. Policy Change

D. Reasonable Alternatives
E. Changes in the Supplementary Leverage
F. Benefits
G. Costs
H. Additional Comments on the Economic
1. Requests To Consider Potential Future
2. Requests To Consider Potential
3. Requests To Consider Further Benefits

I. Analysis of TLAC and Long-Term Debt
1. Baseline
2. Changes in Requirements
3. Anticipated Economic Effects
J. Conclusion
K. Appendix
1. Estimating the Available Capacity of
2. Estimating the Available Capacity of

V. Administrative Law Matters
A. Paperwork Reduction Act
B. Regulatory Flexibility Act Analysis

C. Plain Language

D. Riegle Community Development and
E. Executive Orders 12866, 13563, and
F. OCC Unfunded Mandates Reform Act of
G. Congressional Review Act
2026. This
3. Calibration of the Depository
2024. On average, for GSIBs, the
E. Changes in the Supplementary
H. Additional Comments on the
1. Requests To Consider Potential
2025. The second potential version of
3. Requests To Consider Further
F. OCC Unfunded Mandates Reform Act

List of Subjects
Authority and Issuance

PART 3—CAPITAL ADEQUACY

STANDARDS
1. The authority citation for part 3
2. In § 3.11
a. Revise paragraphs (a)(2)(ii) and (iii)
b. Revise paragraphs (a)(3)(i), (a)(4)(ii)
c. Add paragraph (c) and table 2 to

PART 6—PROMPT CORRECTIVE

ACTION
3. The authority citation for part 6
4. In § 6.4 revise paragraphs

PART 208—MEMBERSHIP OF STATE

BANKING INSTITUTIONS IN THE

(REGULATION H)
5. The authority citation for part 208
6. In § 208.41, revise paragraphs (d),
7. In § 208.43
a. Revise paragraph (a)(1)(iv)(B);
b. Remove paragraph (a)(1)(iv)(C);

PART 217—CAPITAL ADEQUACY OF

BANK HOLDING COMPANIES,

SAVINGS AND LOAN HOLDING

COMPANIES, AND STATE MEMBER

BANKS (REGULATION Q)
8. The authority citation for part 217
9. In § 217.11
a. Revise paragraphs (a)(2)(iii),
b. Add paragraph (f) and table 3 to

PART 252—ENHANCED PRUDENTIAL

STANDARDS (REGULATION YY)
10. The authority citation for part 252
11. In § 252.61, revise the definition of
12. In § 252.62, revise paragraph (a)(2)
13. In § 252.63, revise paragraphs
14. In § 252.161, revise the definition
Federal Deposit Insurance Corporation

SUBCHAPTER B

PART 324—CAPITAL ADEQUACY OF

FDIC-SUPERVISED INSTITUTIONS
15. The authority citation for part 324
16. Amend § 324.11 by
a. Revising paragraphs (a)(2)(ii) and
b. Adding paragraph (a)(2)(v);
c. Revising paragraph (a)(4)(ii);
d. Removing the word ‘‘and’’ at the
e. Revising paragraph (a)(4)(iii)(B);
f. Adding paragraph (a)(4)(iii)(C);
g. Removing table 1 to § 324.11 from
h. In paragraph (b)(2)(ii),
i. Adding paragraph (c); and
17. Amend § 324.403 by
a. Revising paragraphs (a)(1)(iv)(B)
b. Removing paragraph (b)(1)(iii); and
c. Revising paragraphs (b)(2)(vi) and