[Federal Register Volume 63, Number 176 (Friday, September 11, 1998)]
[Rules and Regulations]
[Page 48571]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-24453]
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Rules and Regulations
Federal Register
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This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
Prices of new books are listed in the first FEDERAL REGISTER issue of each
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Federal Register / Vol. 63, No. 176 / Friday, September 11, 1998 /
Rules and Regulations
[[Page 48571]]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
12 CFR Part 3
[Docket No. 98-12]
RIN 1557-AB14
FEDERAL RESERVE SYSTEM
12 CFR Parts 208 and 225
[Regulations H and Y; Docket No. R-0982]
FEDERAL DEPOSIT INSURANCE CORPORATION
12 CFR Part 325
RIN 3064-AC11
DEPARTMENT OF THE TREASURY Office of Thrift Supervision
12 CFR Part 567
[Docket No. 98-75]
RIN 1550-AB11
Risk-Based Capital Standards: Unrealized Holding Gains on Certain
Equity Securities; Correction
AGENCIES: Office of the Comptroller of the Currency, Treasury; Board of
Governors of the Federal Reserve System; Federal Deposit Insurance
Corporation; and Office of Thrift Supervision, Treasury.
ACTION: Final rule; correction.
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SUMMARY: On September 1, 1998, the Agencies published a final rule to
amend their respective risk-based capital standards for banks, bank
holding companies, and thrifts (institutions) with regard to the
regulatory capital treatment of unrealized holding gains on certain
equity securities (63 FR 46517). This document corrects an error in the
SUPPLEMENTARY INFORMATION section of the final rule.
DATES: This final rule is effective October 1, 1998. The Agencies will
not object if an institution wishes to apply the provisions of this
final rule beginning on September 1, 1998.
FOR FURTHER INFORMATION CONTACT: Jenetha M. Hickson, Alternate Liaison
Officer, (202) 898-3807.
SUPPLEMENTARY INFORMATION: The Agencies' final rule, as published on
September 1, 1998, at 63 FR 46518, contains an incomplete footnote.
Accordingly, on page 46518, in the third column, footnote 2 is
corrected to read as follows:
2 Each Agency's risk-based capital standards contain
more detailed descriptions of core and supplementary capital. See 12
CFR Part 3, Appendix A, for national banks; 12 CFR Part 208,
Appendix A, for state member banks; 12 CFR Part 225, Appendix A, for
bank holding companies; 12 CFR Part 325, Appendix A, for state
nonmember banks; and 12 CFR Part 567 for savings associations.
Dated: September 3, 1998.
Mark J. Tenhundfeld,
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
By order of the Board of Governors of the Federal Reserve
System, September 3, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
Dated: August 25, 1998.
Federal Deposit Insurance Corporation
Robert E. Feldman,
Executive Secretary.
Dated: September 2, 1998.
By the Office of Thrift Supervision.
Mary H. Gottlieb,
Federal Register Liaison Officer.
[FR Doc. 98-24453 Filed 9-10-98; 8:45am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P; 6720-01-P
