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FRS | RIN: 7100-AE97 | Publication ID: Spring 2018 |
Title: ●Regulation Q--Current Expected Credit Loss Standard in Regulatory Capital (Docket No: R-1598) | |
Abstract:
The Board of the Governors of the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation, are amending the regulatory capital rule to reflect the upcoming adoption by banking organizations of the Current Expected Credit Loss (CECL) methodology contained in the Financial Accounting Standards Board's Accounting Standards Update No. 2016-13. |
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Agency: Federal Reserve System(FRS) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 217 | |
Legal Authority: 12 U.S.C. 248(a) 12 U.S.C. 321 12 U.S.C. 322 12 U.S.C. 323 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Juan Climent Assistant Director Federal Reserve System Division of Supervision and Regulation, Washington, DC 20551 Phone:202 872-7526 Benjamin McDonough Associate General Counsel Federal Reserve System Legal Division, Washington, DC 20551 Phone:202 452-2036 David Alexander Special Counsel Federal Reserve System Legal Division, Washington, DC 20551 Phone:202 452-2877 |