The federal banking regulators today issued long-expected guidance on the methodology banks can use to deduct investments from tier 1 capital under the Volcker Rule and the Basel III regulatory capital rule. Noting that the deduction of investments in certain Volcker-covered funds could overlap with that under the regulatory capital rule, the agency guidance is intended to clarify the interaction of the two and provide a deduction methodology that will avoid double deductions.
The federal banking regulators today issued guidance on the methodology banks can use to deduct investments from tier 1 capital under the Volcker Rule and the Basel III regulatory capital rule.
Agencies Reconcile Volcker, Basel III Capital Deduction Guidance
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