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TREAS/OCC RIN: 1557-AE10 Publication ID: Fall 2018 
Title: Capital Simplification Rule 
Abstract:

The OCC, FRB, and FDIC plan to issue an advance notice of proposed rulemaking to consider simplifying the generally applicable capital framework with the goal of meaningfully reducing regulatory burden on community banking organizations while at the same time maintaining safety and soundness and the quality and quantity of regulatory capital in the banking system.  The revised generally applicable capital requirements also will incorporate new requirements set forth in the Economic Growth, Regulatory Relief, and Consumer Protection Act (Pub. L. 115-174) (EGRRCPA), including a Community Bank Leverage Ratio (section 201 of EGRRCPA), and revised approach to defining which acquisition, development, and construction loans should be deemed high volatility commercial real estate exposures (section 214 of EGRRCPA).

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 3   
Legal Authority: 12 U.S.C. 93(a)    12 U.S.C. 161    12 U.S.C. 1462    12 U.S.C. 1462(a)    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. 1831(n) (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  10/27/2017  82 FR 49984   
NPRM Comment Period End  12/26/2017 
ANPRM  10/00/2018 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/searchResults?rpp=25&po=0&s=occ-2017-0018&fp=true&ns=true   Public Comment URL: https://www.regulations.gov/docketBrowser?rpp=25&so=DESC&sb=commentDueDate&po=0&dct=PS&D=OCC-2017-0018  
RIN Data Printed in the FR: No 
Agency Contact:
Rima Kundnani
Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-5545
Email: rima.kundnani@occ.treas.gov

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