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NCUA proposed to amend its prompt corrective action regulations in February 2014 to establish new risk-based capital requirements for assets held by federally insured credit unions.  The proposed changes would have enhanced the overall risk-sensitivity of the calculation of a federally insured credit union's total risk-weighted assets.  Based in part on the comments received on that February 2014 proposal, the NCUA issued a second proposal in January 2015.  NCUA is currently considering the public comments on the January 2015 proposal, the closing date of which is April 27, 2015.  NCUA will proceed to finalize the January 2015 proposed rule after all the comments are considered.