[Federal Register Volume 78, Number 164 (Friday, August 23, 2013)]
[Rules and Regulations]
[Page 52405]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-20707]


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FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 390


Regulations Transferred From the Office of Thrift Supervision

CFR Correction

0
In Title 12 of the Code of Federal Regulations, Parts 300 to 499, 
revised as of January 1, 2013, in Appendix A to Subpart Z of Part 390, 
at the bottom of page 1015, reinstate footnotes 10 through 12, and at 
the bottom of page 1019, reinstate footnotes 28 through 32, to read as 
follows:

Appendix A to Subpart Z to Part 390--Risk-Based Capital Requirements--
Internal-Ratings-Based and Advanced Measurement Approaches

* * * * *
    \10\ Entities include securities, insurance and other financial 
subsidiaries, commercial subsidiaries (where permitted), and 
significant minority equity investments in insurance, financial and 
commercial entities.
    \11\ Representing 50 percent of the amount, if any, by which 
total expected credit losses as calculated within the IRB approach 
exceed eligible credit reserves, which must be deducted from tier 1 
capital.
    \12\ Including 50 percent of the amount, if any, by which total 
expected credit losses as calculated within the IRB approach exceed 
eligible credit reserves, which must be deducted from tier 2 
capital.
* * * * *
    \28\ Net unsecured credit exposure is the credit exposure after 
considering the benefits from legally enforceable netting agreements 
and collateral arrangements, without taking into account haircuts 
for price volatility, liquidity, etc.
    \29\ This may include interest rate derivative contracts, 
foreign exchange derivative contracts, equity derivative contracts, 
credit derivatives, commodity or other derivative contracts, repo-
style transactions, and eligible margin loans.
    \30\ At a minimum, a State savings association must provide the 
disclosures in Table 11.7 in relation to credit risk mitigation that 
has been recognized for the purposes of reducing capital 
requirements under this appendix. Where relevant, State savings 
associations are encouraged to give further information about 
mitigants that have not been recognized for that purpose.
    \31\ Credit derivatives that are treated, for the purposes of 
this appendix, as synthetic securitization exposures should be 
excluded from the credit risk mitigation disclosures and included 
within those relating to securitization.
    \32\ Counterparty credit risk-related exposures disclosed 
pursuant to Table 11.6 should be excluded from the credit risk 
mitigation disclosures in Table 11.7.
* * * * *

[FR Doc. 2013-20707 Filed 8-22-13; 8:45 am]
BILLING CODE 1505-01-D