OCC bulletin on supplemental leverage ratio. The Office of the Comptroller of the Currency issued a bulletin on the federal banking agencies’ recent adoption of a final rule that revises the calculation of total leverage exposure (the denominator of the supplementary leverage ratio) in a manner generally consistent with revisions to the international leverage ratio framework published by the Basel Committee on Banking Supervision in January 2014. The supplementary leverage ratio applies to all banking organizations subject to the agencies’ advanced approaches risk-based capital framework. (9/26/2014) OCC Bulletin 2014-47.
OCC bulletin on risk governance rules. The Office of the Comptroller of the Currency issued a bulletin concerning enforceable final guidelines that establish minimum standards for the design and implementation of a risk governance framework for large insured national banks, insured federal savings associations, and insured federal branches of foreign banks. The final guidelines also establish minimum standards for an institution’s board of directors in overseeing the framework. (9/25/2015) OCC Bulletin 2014-45.