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Minimum Capital Ratios; Capital Adequacy Guidelines; Capital Maintenance; Capital: Deduction of Goodwill Net of Associated Deferred Tax Liability

Document ID: OCC-2008-0014-0001
Document Type: Proposed Rule
Agency: Comptroller Of The Currency
Topics: No Topics associated with this document
Federal Register Number: E8-22741
CFR Citation: 12 CFR 3
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Details Information

Abstract: The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) (collectively, the Agencies) are proposing to permit banks, bank holding companies, and savings associations (collectively, banking organizations) to reduce the amount of goodwill that a banking organization must deduct from tier 1 capital by the amount of any deferred tax liability associated with that goodwill. The proposed change would effectively reduce the amount of goodwill that a banking organization must deduct from tier 1 capital and would reflect a banking organization's maximum exposure to loss in the event that such goodwill is impaired or derecognized for financial reporting purposes.
Document Subtype: NPRM
Received Date: September 30 2008, at 07:16 AM Eastern Daylight Time
Start-End Page: 56756 - 56763
Comment Start Date: September 30 2008, at 12:00 AM Eastern Standard Time
Comment Due Date: October 30 2008, at 11:59 PM Eastern Standard Time

Comments

    View All
Total: 8
The Bank of New York Mellon
Submitter: Gibbons, Thomas    Posted: 11/03/2008     ID: OCC-2008-0014-0003

Oct 30,2008 11:59 PM ET
The PNC Financial Services Group, Inc.
Submitter: Johnson, Richard    Posted: 11/03/2008     ID: OCC-2008-0014-0004

Oct 30,2008 11:59 PM ET
The Greenlining Institute
Submitter: Gnaizda, Robert    Posted: 11/03/2008     ID: OCC-2008-0014-0005

Oct 30,2008 11:59 PM ET
American Bankers Association
Submitter: Fisher, Donna    Posted: 11/03/2008     ID: OCC-2008-0014-0008

Oct 30,2008 11:59 PM ET
The Clearing House Association LLC
Submitter: Nelson, Norman    Posted: 11/03/2008     ID: OCC-2008-0014-0009

Oct 30,2008 11:59 PM ET

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