{ "item_title" : "Total Loss-Absorbing Capacity, Long-Term Debt, and Clean Holding Company Requirements, etc. (US Federal Reserve System Regulation) (FRS) (2018 Edition", "item_author" : [" The Law Library "], "item_description" : "Total Loss-Absorbing Capacity, Long-Term Debt, and Clean Holding Company Requirements, etc. (US Federal Reserve System Regulation) (FRS) (2018 Edition) The Law Library presents the complete text of the Total Loss-Absorbing Capacity, Long-Term Debt, and Clean Holding Company Requirements, etc. (US Federal Reserve System Regulation) (FRS) (2018 Edition). Updated as of May 29, 2018 The Board is adopting a final rule to require a U.S. top-tier bank holding company identified under the Board's rules as a global systemically important bank holding company (covered BHC) to maintain outstanding a minimum amount of loss-absorbing instruments, including a minimum amount of unsecured long-term debt. In addition, the final rule prescribes certain additional buffers, the breach of which would result in limitations on the capital distributions and discretionary bonus payments of a covered BHC. The final rule applies similar requirements to the top-tier U.S. intermediate holding company of a global systemically important foreign banking organization with $50 billion or more in U.S. non-branch assets (covered IHC). The final rule also imposes restrictions on other liabilities that a covered BHC or covered IHC may have outstanding in order to improve their resolvability and resiliency; these restrictions are referred to in the final rule as clean holding company requirements. This book contains: - The complete text of the Total Loss-Absorbing Capacity, Long-Term Debt, and Clean Holding Company Requirements, etc. (US Federal Reserve System Regulation) (FRS) (2018 Edition) - A table of contents with the page number of each section", "item_img_path" : "https://covers2.booksamillion.com/covers/bam/1/72/788/738/1727887387_b.jpg", "price_data" : { "retail_price" : "19.90", "online_price" : "19.90", "our_price" : "19.90", "club_price" : "19.90", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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