RIN Data

TREAS/OCC RIN: 1557-AD46 Publication ID: 2012 
Title: Strengthening Tier 1 Capital Other Capital Enhancements, Standardized Approach (Basel III) 
Abstract: The agencies issued three NPRMs that would revise and replace their current capital rules and other OCC rules. The first would revise their risk-based and leverage capital requirements consistent with agreements reached by the Basel Committee on Banking Supervision (BCBS) in Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems (Basel III). The rule includes implementation of a new common equity tier 1 minimum capital requirement, a higher minimum tier 1 capital requirement, and, for banking organizations subject to the advanced approaches capital rules, a supplementary leverage ratio that incorporates a broader set of exposures in the denominator measure. The rule applies limits on capital distributions and certain discretionary bonus payments, and establishes more conservative standards for including an instrument in regulatory capital. The OCC is also proposing to amend its capital rules and Prompt Corrective Action (PCA) Rules with respect to national banks to make those rules applicable to Federal savings associations; to rescind the current capital rules and PCA Rules applicable to Federal savings associations, with the exception of 12 CFR 165.8. The second would amend their general risk-based capital requirements for calculating the denominator of a banking organization's risk-based capital ratios (Standardized Approach). The revisions would revise and harmonize the agencies' rules for calculating risk-weighted assets to enhance risk-sensitivity and address weaknesses identified over recent years, including by incorporating certain BCBS international capital standards. The agencies are proposing alternatives to credit ratings for calculating risk-weighted assets for certain assets and setting forth methodologies for determining risk-weighted assets for residential mortgages, securitization exposures, and counterparty credit risk. Disclosures are introduced that would apply to top-tier banking organizations domiciled in the U.S. with $50 billion or more in total assets. The third would revise the advanced approaches risk-based capital rule to incorporate certain aspects of Basel III that would be applied only to advanced approach banking organizations. The revisions include replacing references to credit ratings with alternative standards of creditworthiness. The OCC is proposing that the market risk capital rule be applicable to federal savings associations. 
Agency: Department of the Treasury(TREAS)  Priority: Economically Significant 
RIN Status: Previously published in the Unified Agenda   Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: 12 CFR 3    12 CFR 5    12 CFR 6    12 CFR 165    12 CFR 167   
Legal Authority: 12 USC 1 et seq    12 USC 24a    12 USC 93a    12 USC 161    12 USC 215a-2    12 USC 215a-3    12 USC 481    12 USC 1462 to 1462a    12 USC 1463 to 1464    12 USC 1467a    12 USC 1818    12 USC 1828 note    12 USC 1828(n)    12 USC 1831n note    12 USC 1831o    12 USC 1835    12 USC 3907    12 USC 3909    12 USC 5412(b)(2)(B)   
Legal Deadline:  None
Action Date FR Cite
NPRM  08/30/2012  77 FR 52792   
NPRM  08/30/2012  77 FR 52888   
NPRM  08/30/2012  77 FR 52978   
NPRM Comment Period End  10/22/2012 
Final Action  12/00/2012 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 1550-AC19, Related to 1557-AD51 
Agency Contact:
Carl Kaminski
Assistant Director, Bank Advisory
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-5869
Email: carl.kaminski@occ.treas.gov