Pension, Endowment, and Mutual Fund Access to Banking Act

Summary

Pension, Endowment, and Mutual Fund Access to Banking Act This bill requires the appropriate federal banking agencies to exclude, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with a central bank. ("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: (1) may not exceed the total value of deposits of the custodial bank linked to fiduciary or custodial and safekeeping accounts; and (2) may be otherwise limited, as specified by the bill.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 26 April 2018

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• Reported in House (PDF)

  Reported in House · EN · 26 April 2018

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• Reported to House with amendment(s)

  summary · EN · 26 April 2018

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• Introduced in House (text)

  Introduced in House · EN · 25 April 2017

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• Introduced in House (PDF)

  Introduced in House · EN · 25 April 2017

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• Introduced in House

  summary · EN · 25 April 2017

  Open at official source

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