RIN Data
FDIC | RIN: 3064-AD97 | Publication ID: 2012 |
Title: ●Regulatory Capital Rules (Part 3): Advanced Approaches Risk-Based Capital Rules; Market Risk Capital Rule | |
Abstract: The Office of the Comptroller of the Currency (the "OCC"), Board of Governors of the Federal Reserve System (the "Board"), and the Federal Deposit Insurance Corporation (the "FDIC") (collectively, the "Agencies") are seeking comment on three notices of proposed rulemaking (NPRMs) that would revise and replace the Agencies' current capital rules. In this NPRM (Advanced Approaches and Market Risk NPR) the Agencies are proposing to revise the advanced approaches risk-based capital rule to incorporate certain aspects of "Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems" that the agencies would apply only to advanced approach banking organizations. This NPRM also proposes other changes to the advanced approaches rule that the agencies believe are consistent with changes by the Basel Committee on Banking Supervision ("BCBS") to its "International Convergence of Capital Measurement and Capital Standards: A Revised Framework" (Basel II), as revised by the BCBS between 2006 and 2009, and recent consultative papers published by the BCBS. The Agencies also propose to revise the advanced approaches risk-based capital rule to be consistent with Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the "Dodd-Frank Act"). These revisions include replacing reference to credit ratings with alternative standards of creditworthiness consistent with section 939A of the Dodd-Frank Act. Additionally, the OCC and FDIC are proposing that the market risk capital rule be applicable to federal and state savings associations, and the Board is proposing that the advanced approaches and market risk capital rules apply to top-tier savings and loan holding companies domiciled in the United States that meet the applicable thresholds. In addition, this NPRM would codify the market risk rule consistent with the proposed codification of the other regulatory capital rules across the three proposals. | |
Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Economically Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Yes | Unfunded Mandates: No |
CFR Citation: 12 CFR 324 12 CFR 325 | |
Legal Authority: PL 111-203 |
Legal Deadline:
None |
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Timetable:
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Additional Information: E-mail: comments@fdic.gov. Comments submitted must include "FDIC" and "RIN 3064-AD97." Comments received will be posted without change to http://www.federal/propose.html, including any personal information provided. | |
Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest. | |
Public Comment URL: www.fdic.gov/regulations/laws/federal/propose.html | |
RIN Data Printed in the FR: Yes | |
Related Agencies: Joint: TREAS/OCC, FRS; | |
Agency Contact: Bobby R. Bean Associate Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6705 Email: bbean@fdic.gov Ryan Billingsley Chief, Capital Policy Section Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3797 Email: rbillingsley@fdic.gov Mark Handzlik Counsel Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-3900 Email: mhandzlik@fdic.gov Michael Phillips Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3581 Email: mphillips@fdic.gov |