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| NCUA | RIN: 3133-AD99 | Publication ID: Fall 2011 |
| Title: ●Prompt Corrective Action; Amended Definition of Low-Risk Assets | |
| Abstract: NCUA plans to issue a notice of proposed rulemaking proposing to amend the definition of "low-risk assets" for Prompt Corrective Action purposes. Assets in this risk portfolio receive a zero percent risk-weighting, reflecting absence of credit risk. The proposal would expand this definition to include shorter-term investments that are issued by or unconditionally backed by the full faith and credit of the United States Government. | |
| Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 702.104 | |
| Legal Authority: 12 USC 1766(a) 12 USC 1790d | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: Businesses | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
|
Agency Contact: Pamela Yu Special Counsel to the General Counsel National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 518-6540 Fax:703 518-6569 Email: pyu@ncua.gov |
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