Pension, Endowment, and Mutual Fund Access to Banking Act This bill excludes, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with certain central banks. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds shall be limited, as specified by the bill.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 504.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 504.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.
Finance and Financial Sector
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationDepartment of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve System
Pension, Endowment, and Mutual Fund Access to Banking Act
USA115th CongressHR-2121| House
| Updated: 4/26/2018
Pension, Endowment, and Mutual Fund Access to Banking Act This bill excludes, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with certain central banks. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds shall be limited, as specified by the bill.
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationDepartment of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve System