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TREAS/OCC

RIN: 1557-AE32

Publication ID: Spring 2018

Title: ●Regulatory Capital Rule: Implementation of the Current Expected Credit Losses Standard for Allowances and Related Adjustments
Abstract: The OCC, FRB, and FDIC plan to issue a proposal that would amend the agencies’ regulatory capital rules to reflect the upcoming adoption by banking organizations of the Financial Accounting Standards Board (FASB's) Accounting Standards Update 2016-13, which introduces the current expected credit losses methodology (CECL) for estimating allowances for credit losses.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: Undetermined	Unfunded Mandates: Undetermined
EO 13771 Designation: Independent agency
CFR Citation: 12 CFR 3
Legal Authority: 12 U.S.C. 93a 12 U.S.C. 161 12 U.S.C. 1462 12 U.S.C. 1463 12 U.S.C. 1464 12 U.S.C. 1818 12 U.S.C. 1828(n) 12 U.S.C. 1828 (note) 12 U.S.C. 1831n (note) 12 U.S.C. 1835 12 U.S.C. 3907 12 U.S.C. 3909 12 U.S.C. 5412(b)(2)(B)

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	06/00/2018

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: Undetermined
Federalism: Undetermined
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Kevin Korzeniewski Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-5490 Email: kevin.korzeniewski@occ.treas.gov