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NCUA | RIN: 3133-AD77 | Publication ID: 2012 |
Title: Prompt Corrective Action; Risk-Based Net Worth Requirement | |
Abstract: In early 2013, NCUA plans to issue an advance notice of proposed rulemaking (ANPRM) regarding part 702--Prompt Corrective Action. The ANPRM will seek comment on how best to revise the risk-based net worth requirement and measurements contained in part 702. The ANPRM will also seek comment on whether to implement changes made by the Basel Committee on Banking Supervision and if that is a desirable way to improve comparability with the proposed PCA capital rules issued by the banking agencies in 2012. | |
Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 702 | |
Legal Authority: 12 USC 1766(a) 12 USC 1790d |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.reginfo.gov/public/do/eAgendaMain | |
RIN Data Printed in the FR: No | |
Agency Contact: Steven W. Widerman Senior Staff Attorney, Office of General Counsel National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 518-6557 Fax:703 837-2779 Email: widerman@ncua.gov |