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TREAS/OCC RIN: 1557-AE36 Publication ID: Spring 2019 
Title: Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as Level 2B High-Quality Liquid Assets 
Abstract:

To implement section 403 of the Economic Growth, Regulatory Relief, and Consumer Protection Act, the OCC, FRB, and FDIC issued an interim final rule that added investment-grade municipal obligations to the list of permitted assets for high-quality liquid assets (HQLA), as defined in the agencies’ Liquidity Coverage Ratio (LCR) rules.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Deregulatory 
CFR Citation: 12 CFR 50   
Legal Authority: 12 U.S.C. 1 et seq.    12 U.S.C. 93a    12 U.S.C. 481    12 U.S.C. 1818    12 U.S.C. 1828    12 U.S.C. 1462 et seq.   
Legal Deadline:
Action Source Description Date
Final  Statutory  Amend existing final rules to implement amendments.  08/22/2018 
Timetable:
Action Date FR Cite
Interim Final Rule  08/31/2018  83 FR 44451   
Interim Final Rule Effective  08/31/2018 
Interim Final Rule Comment Period End  10/01/2018 
Final Rule  05/00/2019 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0013   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0013  
RIN Data Printed in the FR: No 
Agency Contact:
Daniel Perez
Senior Attorney
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6718
Email: daniel.perez@occ.treas.gov

Henry Barkhausen
Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-7191
Email: henry.barkhausen@occ.treas.gov