1557-AD83 201410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1557 Comptroller of the Currency OCC 1500 Department of the Treasury TREAS Regulatory Capital Rules: Advanced Approaches Risk-Based Capital Rule, Revisions to the Definition of Eligible Guarantee

The OCC, FRB, and FDIC revised the definition of "eligible guarantee" in their advanced approaches risk-based capital rule adopted as a part of the agencies' 2013 capital rule. The agencies inadvertently limited the recognition of guarantees of wholesale exposures under the advanced approaches risk-based capital rule in subpart E of the 2013 capital rule (advanced approaches). To address this the final rule removes the requirement that an "eligible guarantee" be made by an eligible guarantor for purposes of calculating the risk-weighted assets of an exposure (other than a securitization exposure) under the advanced approaches rule. The change to the definition of eligible guarantee applies to all banks savings associations bank holding companies and savings and loan holding companies that are subject to the advanced approaches rule.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Completed Actions No No 12 CFR 3 12 USC 93a 12 USC 161 12 USC 1462 12 USC 1462a 12 USC 1463 12 USC 1464 12 USC 1818 12 USC 1828(n) 12 USC 1828 note 12 USC 1831n note 12 USC 1835 12 USC 3907 12 USC 3909 12 USC 5412(b)(2)(B) No NPRM 05/01/2014 79 FR 24618 NPRM Comment Period End 06/13/2014 Final Action 07/30/2014 79 FR 44120 Final Action Effective 10/01/2014 No None No No No No Carl Kaminski Assistant Director 1557 Comptroller of the Currency OCC 202 649-5869 carl.kaminski@occ.treas.gov Chief Counsel's Office, 400 7th Street SW, Washington DC 20219