[House Prints 115-60]
[From the U.S. Government Publishing Office]
G:\CMTE\RU\15\RCP\RCP4296.XML
FEBRUARY 21, 2018
RULES COMMITTEE PRINT 115-60
TEXT OF H. R. 4296, TO PLACE REQUIREMENTS
ON OPERATIONAL RISK CAPITAL REQUIREMENTS
FOR BANKING ORGANIZATIONS ESTABLISHED BY
AN APPROPRIATE FEDERAL BANKING AGENCY.
[Showing the text of H.R. 4296 as ordered reported
by the Committee on Financial Services.]
1 SECTION 1. OPERATIONAL RISK CAPITAL REQUIREMENTS
2 FOR BANKING ORGANIZATIONS.
3 (a) IN GENERAL.--An appropriate Federal banking
4 agency may not establish an operational risk capital re-
5 quirement for banking organizations, unless such require-
6 ment--
7 (1) is based primarily on the risks posed by a
8 banking organization's current activities and busi-
9 nesses;
10 (2) is appropriately sensitive to the risks posed
11 by such current activities and businesses;
12 (3) is determined under a forward-looking as-
13 sessment of potential losses that may arise out of a
14 banking organization's current activities, businesses,
g:\VHLC\022018\022018.109.xml (686559|2)
February 20, 2018 (7:20 p.m.)
[TEXT NOT AVAILABLE]