Capital Rules -- interagency final rules to (1) establish a simple measure of capital adequacy for community banking organizations (known as the community bank leverage ratio, or CBLR), consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act; and (2) allow for the earlier adoption by qualifying institutions of certain aspects of the July 2019 capital simplification rule.
-Approved, October 7, 2019
(A/C)