RIN Data
| TREAS/OCC | RIN: 1557-AD46 | Publication ID: 2012 |
| Title: Strengthening Tier 1 Capital Other Capital Enhancements, Standardized Approach (Basel III) | |
| Abstract: The agencies issued three NPRMs that would revise and replace their current capital rules and other OCC rules. The first would revise their risk-based and leverage capital requirements consistent with agreements reached by the Basel Committee on Banking Supervision (BCBS) in Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems (Basel III). The rule includes implementation of a new common equity tier 1 minimum capital requirement, a higher minimum tier 1 capital requirement, and, for banking organizations subject to the advanced approaches capital rules, a supplementary leverage ratio that incorporates a broader set of exposures in the denominator measure. The rule applies limits on capital distributions and certain discretionary bonus payments, and establishes more conservative standards for including an instrument in regulatory capital. The OCC is also proposing to amend its capital rules and Prompt Corrective Action (PCA) Rules with respect to national banks to make those rules applicable to Federal savings associations; to rescind the current capital rules and PCA Rules applicable to Federal savings associations, with the exception of 12 CFR 165.8. The second would amend their general risk-based capital requirements for calculating the denominator of a banking organization's risk-based capital ratios (Standardized Approach). The revisions would revise and harmonize the agencies' rules for calculating risk-weighted assets to enhance risk-sensitivity and address weaknesses identified over recent years, including by incorporating certain BCBS international capital standards. The agencies are proposing alternatives to credit ratings for calculating risk-weighted assets for certain assets and setting forth methodologies for determining risk-weighted assets for residential mortgages, securitization exposures, and counterparty credit risk. Disclosures are introduced that would apply to top-tier banking organizations domiciled in the U.S. with $50 billion or more in total assets. The third would revise the advanced approaches risk-based capital rule to incorporate certain aspects of Basel III that would be applied only to advanced approach banking organizations. The revisions include replacing references to credit ratings with alternative standards of creditworthiness. The OCC is proposing that the market risk capital rule be applicable to federal savings associations. | |
| Agency: Department of the Treasury(TREAS) | Priority: Economically Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: Undetermined | Unfunded Mandates: Undetermined |
| CFR Citation: 12 CFR 3 12 CFR 5 12 CFR 6 12 CFR 165 12 CFR 167 | |
| Legal Authority: 12 USC 1 et seq 12 USC 24a 12 USC 93a 12 USC 161 12 USC 215a-2 12 USC 215a-3 12 USC 481 12 USC 1462 to 1462a 12 USC 1463 to 1464 12 USC 1467a 12 USC 1818 12 USC 1828 note 12 USC 1828(n) 12 USC 1831n note 12 USC 1831o 12 USC 1835 12 USC 3907 12 USC 3909 12 USC 5412(b)(2)(B) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
| Federalism: Undetermined | |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
| Related RINs: Related to 1550-AC19, Related to 1557-AD51 | |
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Agency Contact: Carl Kaminski Assistant Director, Bank Advisory Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-5869 Email: carl.kaminski@occ.treas.gov |
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