Details

Service: Advisory, Risk Consulting, Financial Risk Management
Industry: Banking & Capital Markets
Type: Publication series
Date: 6/27/2011

Regulatory Practice Letter #11-12

Capital Plan Requirement for Large Bank Holding Companies – Fed Proposed Rule

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The Federal Reserve Board (“Fed”) approved a proposed rule on June 10 that would require U.S. bank holding companies (“BHCs”) with total consolidated assets of $50 billion or more to submit an annual capital plan to the Fed for review and to provide prior notice, under certain circumstances, before making a capital distribution.

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