The federal bank regulatory agencies (the agencies) have jointly issued the attached Notice of Proposed Rulemaking (proposed rule) that would revise the measurement of risk-weighted assets by implementing changes made by the Basel Committee on Banking Supervision (BCBS) to international regulatory capital standards and by implementing aspects of the Dodd-Frank Act. Statement of Applicability to Institutions with Total Assets Under $1 Billion: This Financial Institution Letter is applicable to all banks. Attached to this FIL is an addendum that also is included in the proposed rule. The
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The federal bank regulatory agencies (the agencies) have jointly issued the attached Notice of Proposed Rulemaking (proposed rule) that would revise the general risk-based capital rules to incorporate certain revisions by the Basel Committee on Banking Supervision to the Basel capital framework (Basel III). The proposed rule would generally revise the definition of regulatory capital components and related calculations. Statement of Applicability to Institutions with Total Assets Under $1 Billion: This Financial Institution Letter (FIL) is applicable to all banks. Attached to this FIL is an
See: 77 FR 36611 The final rules, guidance and acceptable practices, which apply to the designation and operation of contract markets, implement the Dodd-Frank Act's new statutory framework that, among other things, amends section 5 of the CEA concerning designation and operation of contract markets, and adds a new CEA section 2(h)(8) to mandate the listing, trading and execution of certain swaps on designated contract markets ("DCMs"). Effective Date: August 20, 2012 Compliance Date: The compliance date for contract markets that have obtained designation on, or prior to, the date of
The federal bank regulatory agencies (agencies) have jointly issued the attached final rule modifying the risk-based capital standards for market risk. The final rule incorporates improvements to the current trading book capital regime as proposed by the Basel Committee on Banking Supervision in Revisions to the Basel II Market Risk Framework published in July 2009 and The Application of Basel II to Trading Activities and the Treatment of Double Default Effects, published in July 2005. Statement of Applicability to Institutions with Total Assets Under $1 Billion: The final rule applies only to
The federal bank regulatory agencies (the agencies) have jointly issued the attached Notice of Proposed Rulemaking (proposed rule) that would amend the advanced approaches risk-based capital rules (advanced approaches rules) to incorporate revisions to the Basel capital framework published by the Basel Committee on Banking Supervision (BCBS), and would remove references to credit ratings, consistent with section 939A of the Dodd-Frank Act. It also would propose to apply the market risk capital rules to state savings associations. View letter in full here (links externally to FDIC website).