Counsel

1557-AE32 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 1557 Comptroller of the Currency OCC 1500 Department of the Treasury TREAS Regulatory Capital Rule: Implementation of the Current Expected Credit Losses Standard for Allowances and Related Adjustments

The OCC, FRB, and FDIC plan to issue a proposal that would amend the agencies’ regulatory capital rules to reflect the upcoming adoption by banking organizations of the Financial Accounting Standards Board (FASB's) Accounting Standards Update 2016-13, which introduces the current expected credit losses methodology (CECL) for estimating allowances for credit losses.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage Undetermined Undetermined Independent agency 12 CFR 3 12 U.S.C. 93a 12 U.S.C. 161 12 U.S.C. 1462 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. 1831n (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 06/00/2018 Undetermined Undetermined Undetermined No No No Kevin Korzeniewski Counsel 1557 Comptroller of the Currency OCC 202 649-5490 kevin.korzeniewski@occ.treas.gov Chief Counsel's Office, 400 7th Street SW, Washington DC 20219