12 CFR 702.407
§ 702.407 Discounting of amount treated as Regulatory Capital.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 702.407, § 702.407 Discounting of amount treated as Regulatory Capital, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48413
- Permanent ID
ys:prov:48413@1- SHA-256
8a359b06ba25d57a4e3d67b05d7451dd6cf0de67a3fa310a4c726c54a9e47ed6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The amount of outstanding Subordinated Debt that may be treated as Regulatory Capital shall reduce by 20 percent per annum of the initial aggregate principal amount of the applicable Subordinated Debt (as reduced by prepayments or amounts extinguished to cover a deficit under § 702.404(a)(6)), as required by the following schedule:
Table 1 to § 720.407
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.