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FDIC | RIN: 3064-AE80 | Publication ID: Fall 2019 |
Title: Standardized Approach for Counterparty Credit Risk | |
Abstract:
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (together, the Agencies) are requesting public comment on a proposal that would implement a new approach for calculating the exposure amount for derivative contracts under the Agencies’ regulatory capital rules. The proposed approach, the standardized approach for counterparty credit risk (SA-CCR), would replace the Current Exposure Method (CEM) in the capital rules’ advanced approaches for calculating risk-weighted assets. The proposal also would require advanced approaches banking organizations to determine the exposure amount for derivative contracts using SA-CCR for purposes of calculating its standardized total risk-weighted assets. The proposal would allow non-advanced approaches banking organizations to use either CEM or SA-CCR to determine the exposure amount for derivative contracts. |
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Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 324 | |
Legal Authority: 12 U.S.C. 1815 12 U.S.C. 1816 12 U.S.C. 1818 12 U.S.C. 1819 (Tenth) 12 U.S.C. 1828 ... |
Legal Deadline:
None |
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Timetable:
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Additional Information: Email: Comments@FDIC.gov. Please include RIN 3064-AE80 in the subject line of the email. | |
Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: www.fdic.gov/regulations/laws/federal/ | Public Comment URL: www.fdic.gov/regulations/laws/federal/ |
RIN Data Printed in the FR: No | |
Related Agencies: Joint: TREAS/OCC, FRS; | |
Agency Contact: Bobby R. Bean Associate Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6705 Email: bbean@fdic.gov Irina Leonova Senior Policy Analyst Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3843 Email: ileonova@fdic.gov Peter Yen Chief, Capital Market Strategies Section Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6568 Email: pyen@fdic.gov Michael Phillips Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3581 Email: mphillips@fdic.gov Catherine S. Wood Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20459 Phone:202 898-3788 Email: cawood@fdic.gov |