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TREAS/OCC RIN: 1557-AE44 Publication ID: Spring 2019 
Title: Capital: Standardized Approach for Counterparty Credit Risk 
Abstract:

The OCC, FRB, and FDIC issued a notice of proposed rulemaking to revise the calculation of derivative exposures under the regulatory capital rules from the Current Exposure Method (CEM) to the revised Standardized Approach for Counterparty Credit Risk (SA-CCR).  SA-CCR is a more risk sensitive approach than CEM, which uses notional amounts with limited recognition of netting and does not distinguish between margined versus un-margined trades and centrally cleared versus over-the-counter trades.  The agencies’ proposal generally is consistent with the SA-CCR methodology developed by the Basel Committee on Banking Supervision in 2014.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
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  12/17/2018  83 FR 64660   
NPRM Comment Period End  02/15/2019 
NPRM Comment Period Extended  02/26/2019  84 FR 6107   
NPRM Comment Period End  03/18/2019 
Final Rule  12/00/2019 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0030   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0030  
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

Ron Shimabukuro
Senior Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6282
Email: ron.shimabukuro@occ.treas.gov