United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2012_register executive 2012-08-30 article Part II Proposed Rules D09002ee1c7fc823a D09002ee1c7fc8332 United States Department of the Treasury originator org United States Government Agency or Subagency United States Office of the Comptroller of the Currency originator org United States Government Agency or Subagency United States Federal Reserve System originator org United States Government Agency or Subagency United States Federal Deposit Insurance Corporation originator org United States Government Agency or Subagency The Office of the Comptroller of the Currency (OCC), 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 (NPR) that would revise and replace the agencies' current capital rules. In this NPR, the agencies are proposing to revise their risk-based and leverage capital requirements consistent with agreements reached by the Basel Committee on Banking Supervision (BCBS) in "Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems" (Basel III). The proposed revisions would include implementation of a new common equity tier 1 minimum capital requirement, a higher minimum tier 1 capital requirement, and, for banking organizations subject to the advanced approaches capital rules, a supplementary leverage ratio that incorporates a broader set of exposures in the denominator measure. Additionally, consistent with Basel III, the agencies are proposing to apply limits on a banking organization's capital distributions and certain discretionary bonus payments if the banking organization does not hold a specified amount of common equity tier 1 capital in addition to the amount necessary to meet its minimum risk- based capital requirements. This NPR also would establish more conservative standards for including an instrument in regulatory capital. As discussed in the proposal, the revisions set forth in this NPR are consistent with section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), which requires the agencies to establish minimum risk-based and leverage capital requirements. In connection with the proposed changes to the agencies' capital rules in this NPR, the agencies are also seeking comment on the two related NPRs published elsewhere in today's Federal Register. The two related NPRs are discussed further in the SUPPLEMENTARY INFORMATION. 77 FR 52792 https://www.govinfo.gov/app/details/FR-2012-08-30/2012-16757 2012-16757 fr30au12-26 RIN 1557-AD46 RIN 7100-AD87 RIN 3064-AD95 -P Docket ID OCC-2012-0008 Docket No. R-1442 https://www.govinfo.gov/app/details/FR-2012-08-30/2012-16757 https://www.govinfo.gov/content/pkg/FR-2012-08-30/html/2012-16757.htm https://www.govinfo.gov/content/pkg/FR-2012-08-30/pdf/2012-16757.pdf Confidential Business Information Crime Currency Federal Reserve System Mortgages Reporting and Recordkeeping Requirements Banks Banking Holding Companies Administrative Practice and Procedure Capital National Banks Reporting and Recordkeeping Requirements Risk Capital Adequacy State Non-Member Banks Authority Delegations (Government Agencies) Bank Deposit Insurance Investments Securities Savings Associations 95 p. 52792 52886 77 FR 52792 Title 12 Part 165 12 CFR Part 165 Title 12 Part 167 12 CFR Part 167 Title 12 Part 208 12 CFR Part 208 Title 12 Part 217 12 CFR Part 217 Title 12 Part 225 12 CFR Part 225 Title 12 Part 324 12 CFR Part 324 Title 12 Part 325 12 CFR Part 325 Title 12 Part 362 12 CFR Part 362 Title 12 Part 3 12 CFR Part 3 Title 12 Part 5 12 CFR Part 5 Title 12 Part 6 12 CFR Part 6 RIN 1557-AD46 RIN 7100-AD87 RIN 3064-AD95 Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action; Federal Register Vol. 77, Issue PRORULE 2012-16757 II DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION 2012-10-22 Docket ID OCC-2012-0008 Docket No. R-1442 -P 2012-16757 Joint notice of proposed rulemaking.

The Office of the Comptroller of the Currency (OCC), 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 (NPR) that would revise and replace the agencies' current capital rules. In this NPR, the agencies are proposing to revise their risk-based and leverage capital requirements consistent with agreements reached by the Basel Committee on Banking Supervision (BCBS) in "Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems" (Basel III). The proposed revisions would include implementation of a new common equity tier 1 minimum capital requirement, a higher minimum tier 1 capital requirement, and, for banking organizations subject to the advanced approaches capital rules, a supplementary leverage ratio that incorporates a broader set of exposures in the denominator measure. Additionally, consistent with Basel III, the agencies are proposing to apply limits on a banking organization's capital distributions and certain discretionary bonus payments if the banking organization does not hold a specified amount of common equity tier 1 capital in addition to the amount necessary to meet its minimum risk- based capital requirements. This NPR also would establish more conservative standards for including an instrument in regulatory capital. As discussed in the proposal, the revisions set forth in this NPR are consistent with section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), which requires the agencies to establish minimum risk-based and leverage capital requirements. In connection with the proposed changes to the agencies' capital rules in this NPR, the agencies are also seeking comment on the two related NPRs published elsewhere in today's Federal Register. The two related NPRs are discussed further in the SUPPLEMENTARY INFORMATION.

Comments must be submitted on or before October 22, 2012. OCC: Margot Schwadron, Senior Risk Expert, (202) 874-6022; David Elkes, Risk Expert, (202) 874-3846; Mark Ginsberg, Risk Expert, (202) 927-4580; or Ron Shimabukuro, Senior Counsel, Patrick Tierney, Counsel, or Carl Kaminski, Senior Attorney, Legislative and Regulatory Activities Division, (202) 874-5090, Office of the Comptroller of the Currency, 250 E Street SW., Washington, DC 20219. Confidential Business Information Crime Currency Federal Reserve System Mortgages Reporting and Recordkeeping Requirements Banks Banking Holding Companies Administrative Practice and Procedure Capital National Banks Reporting and Recordkeeping Requirements Risk Capital Adequacy State Non-Member Banks Authority Delegations (Government Agencies) Bank Deposit Insurance Investments Securities Savings Associations Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action , bbean@fdic.gov comments@FDIC.gov dariley@fdic.gov gfeder@fdic.gov kreitz@fdic.gov mhandzlik@fdic.gov mphillips@fdic.gov rbillingsley@fdic.gov rclougherty@fdic.gov regs.comments@federalreserve.gov regs.comments@occ.treas.gov http://www.bis.org http://www.bis.org/list/press_releases/index.htm http://www.bis.org/press/p110113.pdf http://www.bis.org/publ/bcbs04a.htm http://www.bis.org/publ/bcbs128.htm http://www.bis.org/publ/bcbs157.htm http://www.bis.org/publ/bcbs173.pdf http://www.bis.org/publ/bcbs189.htm http://www.bis.org/publ/bcbs193.htm http://www.bis.org/publ/bcbs201.pdf http://www.bis.org/publ/bcbs206.pdf http://www.bis.org/publ/othp10.pdf http://www.FDIC.gov/regulations/laws/federal/propose.html http://www.fdic.gov/regulations/laws/federal/propose/html http://www.federalreserve.gov http://www.federalreserve.gov/boarddocs/srletters/2001/sr0101.htm http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm http://www.occ.gov/static/interpretations-and-precedents/dec97/cd97-109.pdf http://www.occ.gov/static/publications/capital3.pdf http://www.regulations.gov regulations.gov Vol. 77, no. 169 Office of the Federal Register, National Archives and Records Administration 2012-08-30 continuing daily deposited born digital 560 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2012-08-30 P0b002ee18348b0f7 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr30au12 https://www.govinfo.gov/app/details/FR-2012-08-30 https://www.govinfo.gov/content/pkg/FR-2012-08-30/pdf/FR-2012-08-30.pdf https://www.govinfo.gov/content/pkg/FR-2012-08-30/xml/FR-2012-08-30.xml fdlp 52587 53139 DGPO 2012-08-30 2024-06-03 FR-2012-08-30 machine generated eng FR FR-2012-08-30 77 169