Yes. On the 27th of January 2020, the final rule was published. The changes were effective as of the 31st of March.
Qualifying community banking organizations may elect to use the Community Bank Leverage Ratio (CBLR) Framework if they:
Maintain a leverage ratio greater than 9 percent
Have less than $10 billion in average total consolidated assets
Have off-balance-sheet exposures of 25 percent or less of total consolidated assets
Have trading assets plus trading liabilities of 5 percent or less of total consolidated assets
Are not an advanced approaches banking organization
During this webinar, you will learn about the new capital rules and discover whether your community banking organization qualifies to opt into the CBLR Framework.