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FDIC RIN: 3064-AE30 Publication ID: Spring 2016 
Title: Regulatory Capital Rules, Liquidity Coverage Ratio: Proposed Revisions to the Definition of Qualifying Master Netting Agreement and Related Definitions 
Abstract:

The Federal Deposit Insurance Corporation (FDIC) is amending the definition of qualifying master netting agreement under the regulatory capital rules and the liquidity coverage ratio rule. The FDIC also proposed to amend the definitions of collateral agreement, eligible margin loan, and repo-style transaction under the regulatory capital rules. The amendments are designed to ensure that the regulatory capital and liquidity treatment of certain financial contracts generally would not be affected by implementation of special resolution regimes in foreign jurisdictions if such regimes are substantially similar to title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Federal Deposit Insurance Act in the United States, or by the International Swaps and Derivative Association Resolution Stay Protocol that provides for contractual submission to such regimes. In December 2014, the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System adopted a joint interim final rule that is related to this rule.

 

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 324    12 CFR 329   
Legal Authority: 12 U.S.C. 1815(a)    12 U.S.C. 1815(b)    12 U.S.C. 1816    12 U.S.C.1818(a)    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  01/30/2015  80 FR 5063   
NPRM Comment Period End  03/31/2015 
Final Rule  10/00/2016 
Additional Information: Email: Comments@fdic.gov. Include RIN 3064-AE30 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/federal/   Public Comment URL: www.fdic.gov/regulations/laws/federal  
RIN Data Printed in the FR: No 
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

Ryan Billingsley
Chief, Capital Policy Section
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3797
Email: rbillingsley@fdic.gov

Michael Phillips
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3581
Email: mphillips@fdic.gov

Rachel J. Ackmann
Senior Attorney
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6858
Email: rackmann@fdic.gov