10 The Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency adopted a final rule to  strengthen the leverage ratio standards for the largest, most interconnected U.S. banking organizations on April 8, 2014.
Under the final rule, covered bank holding companies must maintain a leverage buffer of 2 percentage points above the minimum supplementary leverage ratio requirement of 3 percent, for a total of 5 percent, to avoid restrictions on capital distributions and discretionary bonus payments (see Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency (2014), “Agencies Adopt Enhanced Supplementary Leverage Ratio Final Rule and Issue Supplementary Leverage Ratio Notice of Proposed Rulemaking,” joint press release, April 8).