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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
Timetable:
Action Date FR Cite
ANPRM  04/00/2013   
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

 
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