Capital buffer amounts.

CFR · 2024-01-01 · US · Title 12

(a) (ii) The leverage buffer for the tier 1 leverage ratio is composed solely of tier 1 capital. (2) (i) (ii) (iii) (iv) [Reserved] (v) (vi) (vii) (A) A reduction of tier 1 capital through the repurchase, redemption, or revolvement of a tier 1 capital instrument or by other means, except when a System institution, within the same quarter when the repurchase is announced, fully replaces a tier 1 capital ( ( (B) A reduction of tier 2 capital through the repurchase, redemption prior to maturity, or revolvement of a tier 2 capital instrument or by other means, except when a System institution, within the same quarter when the repurchase, redemption, or revolvement is announced, fully replaces a tier 2 capital instrument it has repurchased, redeemed, or revolved by issuing a purchased capital instrument that meets the eligibility criteria for a tier 1 or tier 2 capital instrument; (C) A dividend declaration or payment on any tier 1 capital instrument; (D) A dividend declaration or interest payment on any capital instrument other than a tier 1 capital instrument if the System institution has full discretion to permanently or temporarily suspend such payments without triggering an event of default; (E) A cash patronage declaration or payment; (F) A patronage declaration in the form of allocated equities that did not qualify as tier 1 or tier 2 capital; or (G) Any similar transaction that the FCA determines to be in substance a distribution of capital. (viii) (A) The System instituti

official document · source cfr-2024 · id 12:§ 628.11