An official website of the United States government
The .gov means it's official.
The site is secure.
View Rule
| View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
| FDIC | RIN: 3064-AD48 | Publication ID: Fall 2010 |
| Title: Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance: Regulatory Capital; Impact of Modifications to Generally Accepted Accounting Principles; Consolidation of Asset-Backed | |
| Abstract: The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) (collectively, the agencies) are amending their general risk-based and advanced risk-based capital adequacy frameworks by adopting a final rule that eliminates the exclusion of certain consolidated asset-backed commercial paper programs from risk-weighted assets; provides for an optional two-quarter implementation delay followed by an optional two-quarter partial implementation of the effect on risk-weighted assets that will result from changes to generally accepted accounting principles; provides an optional two-quarter delay, followed by an option two-quarter phase-in, of the application of the agencies' regulatory limit on the inclusion of the allowance for loan and lease losses (ALLL) in tier 2 capital for the portion of the ALL associated with the assets a banking organization consolidates as a result of changes to U.S. generally accepted accounting principles; and provides a reservation of authority to permit the agencies to require a banking organization to treat entitles that are not consolidated under accounting standards as if they were consolidated for risk-based capital purposes, commensurate with the risk relationship of the banking organization to the structure. The delay and subsequent phase-in periods of the implementation will apply only to the agencies' risk-based capital requirements, not the leverage ratio requirement. | |
| Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 325 app A 12 CFR 325 app D | |
| Legal Authority: 12 USC 1815(a) and 1815(b) 12 USC 1816 and 1818(a) ... | |
|
Legal Deadline:
None |
||||||||||||
Timetable:
|
| Additional Information: Email comments to: Comments@FDIC.gov--Include RIN 3064-AD48 on the subject line of the message. | |
| 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.fdic.gov/regulations/laws/ | |
| RIN Data Printed in the FR: No | |
| Related Agencies: Joint: TREAS/OCC, FRS, TREAS/OTS; | |
|
Agency Contact: Weinberger Jim Senior Policy Analyst Federal Deposit Insurance Corporation Washington, DC 20429 Phone:202 898-7034 Christine M. Bouvier Assistant Chief Accountant Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-7289 Email: cbouvier@fdic.gov Mark Handzlik Counsel Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-3900 Email: mhandzlik@fdic.gov Michael Phillips Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3581 Email: mphillips@fdic.gov |
|
|
Reginfo.gov
An official website of the U.S. General Services Administration and the Office of Management and Budget
Looking for U.S. government
information and services?
Visit USA.gov