The Office of the Comptroller of the Currency (OCC), the Board
of Governors of the Federal Reserve System (Board), and the Federal
Deposit Insurance Corporation (FDIC) (collectively, the agencies) are
seeking comment on three notices of proposed rulemaking (NPRs) that
would revise and replace the agencies' current capital rules.
In this NPR (Advanced Approaches and Market Risk NPR) the agencies
are proposing to revise the advanced approaches risk-based capital rule
to incorporate certain aspects of ``Basel III: A Global Regulatory
Framework for More Resilient Banks and Banking Systems'' (Basel III)
that the agencies would apply only to advanced approach banking
organizations. This NPR also proposes other changes to the advanced
approaches rule that the agencies believe are consistent with changes
by the Basel Committee on Banking Supervision (BCBS) to its
``International Convergence of Capital Measurement and Capital
Standards: A Revised Framework'' (Basel II), as revised by the BCBS
between 2006 and 2009, and recent consultative papers published by the
BCBS. The agencies also propose to revise the advanced approaches risk-
based capital rule to be consistent with Dodd-Frank Wall Street Reform
and Consumer Protection Act of 2010 (Dodd-Frank Act). These revisions
include replacing references to credit ratings with alternative
standards of creditworthiness consistent with section 939A of the Dodd-
Frank Act.
Additionally, the OCC and FDIC are proposing that the market risk
capital rule be applicable to federal and state savings associations,
and the Board is proposing that the advanced approaches and market risk
capital rules apply to top-tier savings and loan holding companies
domiciled in the United States that meet the applicable thresholds. In
addition, this NPR would codify the market risk rule consistent with
the proposed codification of the other regulatory capital rules across
the three proposals.
Received Date:
August 30 2012, at 12:00 AM Eastern Daylight Time
Start-End Page:
52977 - 53057
Comment Start Date:
August 30 2012, at 12:00 AM Eastern Standard Time
Comment Due Date:
October 22 2012, at 11:59 PM Eastern Standard Time
Regulatory Capital Rules: Advanced Approaches Risk-Based Capital Rule; Market Risk Capital Rule
Details Information
Comments
View AllSubmitter: Kana, Sam Posted: 08/31/2012 ID: OCC-2012-0010-0024
Oct 22,2012 11:59 PM ET
Submitter: Hoff, Curt Posted: 08/31/2012 ID: OCC-2012-0010-0025
Oct 22,2012 11:59 PM ET
Submitter: Snyder, Kimberly Posted: 08/31/2012 ID: OCC-2012-0010-0026
Oct 22,2012 11:59 PM ET
Submitter: Mansfield, R. Posted: 08/31/2012 ID: OCC-2012-0010-0027
Oct 22,2012 11:59 PM ET
Submitter: Hall, Mike Posted: 08/31/2012 ID: OCC-2012-0010-0029
Oct 22,2012 11:59 PM ET
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