Temporary supplementary leverage ratio changes to expire as scheduled

The following press release was published by the Board of Governors of the Federal Reserve System on March 19. It is reproduced in full below.

The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021. The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.

Source: Board of Governors of the Federal Reserve System