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The FDIC, OCC, and the Federal Reserve Board plan to issue a joint notice of proposed rulemaking that would revise the agencies’ risk-based capital rules, including revisions to the current standardized and advanced approaches capital rules.

Statement of Need:

In September 2023, the FDIC, the OCC, and the Board jointly issued a proposed rule that would revise large bank capital requirements. The proposed rule would have implemented the 2017 Basel Committee Recommendations with a goal of improving the consistency of capital requirements across banks, better matching capital requirements to risk, and improving transparency of banks’ financial conditions for supervisors and the public. The agencies expect to issue a revised proposed rule to more simply achieve these goals and reduce regulatory burden for banks subject to the rule.  At this time, anticipated costs are undetermined.

Summary of the Legal Basis:

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Alternatives:

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Anticipated Costs and Benefits:

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Risks:

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