Regulatory capital adjustments and deductions.

CFR · 2024-01-01 · US · Title 12

(a) (1) Goodwill, net of associated deferred tax liabilities (DTLs) in accordance with paragraph (e) of this section; (2) Intangible assets, other than mortgage servicing assets (MSAs), net of associated DTLs in accordance with paragraph (e) of this section; (3) Deferred tax assets (DTAs) that arise from net operating loss and tax credit carryforwards net of any related valuation allowances and net of DTLs in accordance with paragraph (e) of this section; (4) Any gain-on-sale in connection with a securitization exposure; (5) Any defined benefit pension fund net asset, net of any associated DTL in accordance with paragraph (e) of this section, except that, with FCA prior approval, this deduction is not required for any defined benefit pension fund net asset to the extent the institution has unrestricted and unfettered access to the assets in that fund; (6) The System institution's allocated equity investment in another System institution or service corporation; and (7) [Reserved] (8) If, without the required prior FCA approval, the System institution redeems or revolves purchased or allocated equities included in its CET1 capital that have been outstanding for less than 7 years, the FCA may take appropriate supervisory or enforcement actions against the institution, which may include requiring the institution to deduct a portion of its purchased and allocated equities from CET1 capital. (b) (2) [Reserved] (c) (2) (i)-(iii) [Reserved] (3)-(4) [Reserved] (5) (d) [Reserved] (e) (

official document · source cfr-2024 · id 12:§ 628.22