View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
TREAS/OCC | RIN: 1557-AE44 | Publication ID: Fall 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:
|
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 |