{"abstract":"In light of recent disruptions in economic conditions caused by the coronavirus disease 2019 (COVID-19) and current strains in U.S. financial markets, the Board, OCC and FDIC (together, the agencies) are issuing an interim final rule that revises the definition of eligible retained income for all depository institutions, bank holding companies, and savings and loan holding companies subject to the agencies' capital rule (together, a banking organization or banking organizations). The revised definition of eligible retained income will make any automatic limitations on capital distributions that could apply under the agencies' capital rules more gradual.","action":"Interim final rule with request for comments.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/03/20/2020-06051.html","cfr_references":[{"chapter":null,"citation_url":null,"part":3,"title":12},{"chapter":null,"citation_url":null,"part":217,"title":12},{"chapter":null,"citation_url":null,"part":324,"title":12}],"citation":"85 FR 15909","comment_url":null,"comments_close_on":"2020-05-04","correction_of":null,"corrections":[],"dates":"The interim final rule is effective March 20, 2020. Comments on the interim final rule must be received no later than May 4, 2020.","disposition_notes":null,"docket_ids":["Docket No. OCC-2020-0009","Regulations Q","Docket No. R-1703"],"dockets":[{"supporting_documents":[],"agency_name":"OCC","documents":[{"comment_count":5,"comment_start_date":"2020-03-20","updated_at":"2023-02-28T13:42:05.397-05:00","comment_url":"https://www.regulations.gov/commenton/OCC-2020-0009-0001","allow_late_comments":null,"id":"OCC-2020-0009-0001","comment_end_date":"2020-05-05","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"OCC-2020-0009","title":"Regulatory Capital Rule:  Eligible Retained Income"}],"document_number":"2020-06051","effective_on":"2020-03-20","end_page":15916,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/03/20/2020-06051.xml","html_url":"https://www.federalregister.gov/documents/2020/03/20/2020-06051/regulatory-capital-rule-eligible-retained-income","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-06051?publication_date=2020-03-20","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-03-20/2020-06051/mods.xml","not_received_for_publication":null,"page_length":8,"page_views":{"count":8008,"last_updated":"2026-04-24 18:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-03-20/pdf/2020-06051.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-06051.pdf?1584621964","publication_date":"2020-03-20","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/03/20/2020-06051.txt","regulation_id_number_info":{"1557-AE81":null,"7100-AF77":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/7100-AF77/regulation-q-regulatory-capital-rule-eligible-retained-income-docket-no-r-1703-","title":"Regulation Q--Regulatory Capital Rule: Eligible Retained Income (Docket No: R-1703)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=7100-AF77&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"3064-AF40":null},"regulation_id_numbers":["1557-AE81","3064-AF40","7100-AF77"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":5,"agency_id":"OCC","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=OCC-2020-0009","supporting_documents_count":0,"docket_id":"OCC-2020-0009","document_id":"OCC-2020-0009-0001","regulation_id_number":"1557-AE81","title":"Regulatory Capital Rule:  Eligible Retained Income","checked_regulationsdotgov_at":"2023-02-28T18:42:04Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":15909,"subtype":null,"title":"Regulatory Capital Rule: Eligible Retained Income","toc_doc":null,"toc_subject":null,"topics":["Administrative practice and procedure","Banks, banking","Holding companies","National banks","Reporting and recordkeeping requirements","Savings associations","Securities"],"type":"Rule","volume":85}