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| FDIC | RIN: 3064-AD70 | Publication ID: Spring 2011 |
| Title: ●Risk-Based Capital Guidelines: Market Risk | |
| Abstract: The Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and Federal Deposit Insurance Corporation (FDIC) are requesting comment on a proposal to revise their market risk capital rules to modify their scope to better capture positions for which the market risk capital rules are appropriate; reduce procyclicality in market risk capital requirements; enhance the rules' sensitivity to risks that are not adequately captured under the current regulatory measurement methodologies; and increase transparency through enhanced disclosures. The proposal does not include the methodologies adopted by the Basel Committee on Banking Supervision for calculating the specific risk capital requirements for debt and securitization positions due to their reliance on credit ratings, which is impermissible under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The proposal, therefore, retains the current specific risk treatment for these positions until the agencies develop alternatives standards of creditworthiness as required by the Act. The proposed rules are substantively the same across the agencies. | |
| Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Economically Significant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: Undetermined | Unfunded Mandates: No |
| CFR Citation: 12 CFR 325 | |
| Legal Authority: 12 USC 24 15 USC 78b 31 USC 5318 42 USC 4012a | |
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Legal Deadline:
None |
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Timetable:
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| Additional Information: Email comments to: Comments@FDIC.gov. Comments submitted must include FDIC and RIN 3064-AD70 in the subject line of the comment. | |
| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| Public Comment URL: http://www.fdic.gov/regulations/laws/federal/propose.html | |
| RIN Data Printed in the FR: No | |
| Related Agencies: Joint: FRS, TREAS/OCC; | |
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Agency Contact: Bobby R. Bean Associate Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6705 Email: bbean@fdic.gov Karl Reitz Chief, Capital Markets Strategies Section Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-6775 Email: kreitz@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 |
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