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TREAS/OCC RIN: 1557-AF01 Publication ID: Spring 2021 
Title: Standardized Approach for Calculating the Exposure Amount of Derivative Contracts; Revisions  
Abstract:

The OCC, FRB, and FDIC are planning to issue a notice of proposed rulemaking to make revisions to certain provisions of the agencies’ capital rules related to cleared transactions and the standardized approach for counterparty credit risk, which is used for calculating the exposure amount of derivative contracts under the agencies’ capital rules and was adopted in a final rule published on January 24, 2020. The proposed revisions would help to ensure that banking organizations implement the standardized approach for calculating the exposure amount of derivative contracts in a consistent manner and that the exposure measurement more appropriately reflects the economic substance of certain derivative transactions. 

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: 12 CFR 3   
Legal Authority: 12 U.S.C. 93a    12 U.S.C. 161    12 U.S.C. 1462    12 U.S.C. 1462a    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. 1831n note    12 U.S.C. 1835    12 U.S.C. 3907    12 U.S.C. 3909    12 U.S.C. 5412(b)(2)(B)    Pub. L. 116-136   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/00/2021 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Daniel Perez
Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6718
Email: daniel.perez@occ.treas.gov

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