External total loss-absorbing capacity requirement and buffer.

CFR · 2024-01-01 · US · Title 12

(a) (1) 18 percent of the global systemically important BHC's total risk-weighted assets; and (2) 7.5 percent of the global systemically important BHC's total leverage exposure. (b) (1) The global systemically important BHC's common equity tier 1 capital (excluding any common equity tier 1 minority interest); (2) The global systemically important BHC's additional tier 1 capital (excluding any tier 1 minority interest); and (3) The global systemically important BHC's outstanding eligible external long-term debt amount plus 50 percent of the amount due to be paid of unpaid principal of outstanding eligible debt securities issued by the global systemically important BHC in, as calculated in § 252.62(b)(2), greater than or equal to 365 days (one year) but less than 730 days (two years). (c) (2) (i) (A) The global systemically important BHC's net income, calculated in accordance with the instructions to the FR Y-9C, for the four calendar quarters preceding the current calendar quarter, net of any distributions and associated tax effects not already reflected in net income; and (B) The average of the global systemically important BHC's net income, calculated in accordance with the instructions to the FR Y-9C, for the four calendar quarters preceding the current calendar quarter. (ii) (iii) (iv) (v) (3) (A) 18 percent; minus (B) The ratio (expressed as a percentage) of the global systemically important BHC's additional tier 1 capital (excluding any tier 1 minority interest) to its t

official document · source cfr-2024 · id 12:§ 252.63