Counsel

1557-AE10 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 1557 Comptroller of the Currency OCC 1500 Department of the Treasury TREAS Capital Simplification Rule

The OCC, FRB, and FDIC plan to issue a rule to simplify the generally applicable framework with the goal of meaningfully reducing regulatory burden on community banking organizations while at the same time maintaining safety and soundness and the quality and quantity of regulatory capital in the banking system. Such amendments include (i) replacing the framework’s complex treatment of high volatility commercial real estate (HVCRE) exposures with a more straightforward treatment for most acquisition, development, or construction (ADC) loans, (ii) simplifying the current regulatory capital treatment for mortgage servicing assets (MSAs), timing difference deferred tax assets (DTAs), and holdings of regulatory capital instruments issued by financial institutions, and (iii) simplifying the current limitations on minority interest in regulatory capital.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage Undetermined Undetermined Independent agency 12 CFR 3 12 U.S.C. 93(a) 12 U.S.C. 161 12 U.S.C. 1462 12 U.S.C. 1462(a) 12 U.S.C. 1463 12 U.S.C. 1464 12 U.S.C. 1818 12 U.S.C. 1828(n) 12 U.S.C. 1828 (note) 12 U.S.C. 1831(n) (note) 12 U.S.C. 1835 12 U.S.C. 3907 12 U.S.C. 3909 12 U.S.C. 5412(b)(2)(B) No NPRM 10/27/2017 82 FR 49984 NPRM Comment Period End 12/26/2017 Final Rule 06/00/2018 Undetermined Undetermined Undetermined No https://www.regulations.gov/searchResults?rpp=25&po=0&s=occ-2017-0018&fp=true&ns=true https://www.regulations.gov/docketBrowser?rpp=25&so=DESC&sb=commentDueDate&po=0&dct=PS&D=OCC-2017-0018 No No Rima Kundnani Counsel 1557 Comptroller of the Currency OCC 202 649-5545 rima.kundnani@occ.treas.gov Chief Counsel's Office, 400 7th Street SW., Washington DC 20219 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