Covered IHC total loss-absorbing capacity requirement and buffer.

CFR · 2024-01-01 · US · Title 12

(a) (1) 18 percent of the resolution Covered IHC's total risk-weighted assets; (2) If the Board requires the resolution Covered IHC to maintain a minimum supplementary leverage ratio, 6.75 percent of the resolution Covered IHC's total leverage exposure; and (3) Nine (9) percent of the resolution Covered IHC's average total consolidated assets. (b) (1) 16 percent of the non-resolution Covered IHC's total risk-weighted assets; (2) If the Board requires the non-resolution Covered IHC to maintain a minimum supplementary leverage ratio, 6 percent of the non-resolution Covered IHC's total leverage exposure; and (3) Eight (8) percent of the non-resolution Covered IHC's average total consolidated assets. (c) (i) The Covered IHC's common equity tier 1 capital (excluding any common equity tier 1 minority interest) held by a company that is incorporated or organized outside of the United States and that directly or indirectly controls the Covered IHC; (ii) The Covered IHC's additional tier 1 capital (excluding any tier 1 minority interest) held by a company that is incorporated or organized outside of the United States and that directly or indirectly controls the Covered IHC; and (iii) The Covered IHC's outstanding eligible Covered IHC long-term debt amount, plus 50 percent of the amount of unpaid principal of outstanding eligible Covered IHC debt securities issued by the Covered IHC due to be paid in greater than or equal to 365 days (one year) but less than 730 days (two years). (2) A

official document · source cfr-2024 · id 12:§ 252.165