Banking Agencies Announce Expiration of Modifications to Supplementary Leverage Ratio
The Federal Reserve Board, the FDIC and the OCC announced (here, here and here) that the temporary modifications to the supplementary leverage ratio ("SLR"), adopted in May 2020 to exclude U.S. Treasury securities and central bank reserves, will expire on March 31, 2021, as scheduled.
Relatedly, the FRB stated that it will seek public comment on several proposals to adjust the SLR.