SEC. 4 › (a) › (4) › (C) › (iii)

(iii) .— Rules relating to leverage capital requirements or risk-based capital requirements

🏛️ OCCprudential

Bill Text

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§4(a)(4)(C)(iii)

(iii) .— Rules relating to leverage capital requirements or risk-based capital requirements

Any rule issued by an appropriate Federal banking agency that imposes, on a consolidated basis, a leverage capital requirement or risk-based capital requirement with respect to an insured depository institution or depository institution holding company shall provide that, for purposes of such leverage capital requirement or risk-based capital requirement, any insured depository institution or depository institution holding company that includes, on a consolidated basis, a permitted payment stablecoin issuer, shall not be required to hold, with respect to such permitted payment stablecoin issuer and its assets and operations, any amount of regulatory capital in excess of the capital that such permitted payment stablecoin issuer must maintain under the capital requirements issued pursuant to subparagraph (A)(i).