Notwithstanding any other section
of this part, a Board-regulated institution may exclude exposures
pledged as collateral for a non-recourse loan that is provided as
part of the Paycheck Protection Program Lending Facility, announced
by the Board on April 7, 2020, from total leverage exposure, average
total consolidated assets, advanced approaches total risk-weighted
assets, and standardized total risk-weighted assets, as applicable.
For the purpose of this section, a Board-regulated institution’s
liability under the facility must be reduced by the principal amount
of the loans pledged as collateral for funds advanced under the facility.
