The bank must calculate the leverage ratio on the same scope of consolidation as the risk-based framework, including only the investment in unconsolidated entities (LEV10.1-10.2). The ratio is Tier 1 capital divided by the total exposure measure, expressed as a percentage (LEV20.3-20.4), and the bank must meet a 3% minimum at all times (LEV20.7). Both measures are computed at quarter end, or with approved and consistently applied more frequent averaging (LEV20.6). The exposure measure sums on-balance sheet, derivative, SFT and off-balance sheet exposures (LEV20.5), following gross accounting values without netting or collateral reduction unless permitted (LEV30.1-30.2); liability items must not be deducted (LEV30.4). Derivatives use 1.4 times replacement cost plus PFE, with the PFE multiplier fixed at one, eligible cash variation margin reducing only replacement cost, and walkaway clauses excluded from netting (LEV30.13-30.25). Written credit derivatives add effective notional (LEV30.30-30.35). SFTs include gross assets plus counterparty exposure, with netting only under qualifying agreements (LEV30.37-30.39). Off-balance sheet items use CCFs of 100%, 50%, 40%, 20% and 10% (LEV30.49-30.55). Jurisdictions exempting central bank reserves must raise the minimum commensurately (LEV30.7).
This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.
Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.
The graph holds this control, the 1 it maps to, and the evidence behind each claim, over MCP and REST.