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
2017_register
executive
2017-10-27
article
Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996
Part III
Proposed Rules
D09002ee1c174046a
D09002ee1c1740538
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
In March 2017, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) submitted a report to Congress pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996, in which they committed to meaningfully reduce regulatory burden, especially on community banking organizations. Consistent with that commitment, the agencies are inviting public comment on a notice of proposed rulemaking that would simplify compliance with certain aspects of the capital rule. A majority of the proposed simplifications would apply solely to banking organizations that are not subject to the advanced approaches capital rule (non-advanced approaches banking organizations). Specifically, the agencies are proposing that non-advanced approaches banking organizations apply a simpler regulatory capital treatment for: Mortgage servicing assets; certain deferred tax assets arising from temporary differences; investments in the capital of unconsolidated financial institutions; and capital issued by a consolidated subsidiary of a banking organization and held by third parties (minority interest). More generally, the proposal also includes revisions to the treatment of certain acquisition, development, or construction exposures that are designed to address comments regarding the current definition of high volatility commercial real estate exposure under the capital rule's standardized approach. Under the standardized approach, the proposed revisions to the treatment of acquisition, development, or construction exposures would not apply to existing exposures that are outstanding or committed prior to any final rule's effective date. In addition to the proposed simplifications, the agencies also are proposing various additional clarifications and technical amendments to the agencies' capital rule, which would apply to both non-advanced approaches banking organizations and advanced approaches banking organizations.
82 FR 49984
https://www.govinfo.gov/app/details/FR-2017-10-27/2017-22093
2017-22093
fr27oc17-11
RIN 1557-AE10
RIN 7100 AE74
RIN 3064-AE59
P
Docket ID OCC-2017-0018
Regulation Q
Docket No. R-1576
https://www.govinfo.gov/app/details/FR-2017-10-27/2017-22093
https://www.govinfo.gov/content/pkg/FR-2017-10-27/html/2017-22093.htm
https://www.govinfo.gov/content/pkg/FR-2017-10-27/pdf/2017-22093.pdf
Banks
Banking
Federal Reserve System
Holding Companies
Administrative Practice and Procedure
Capital
National Banks
Risk
Capital Adequacy
Savings Associations
State Non-Member Banks
61 p.
49984
50044
82 FR 49984
Code of Federal Regulations
Title 12 Part 217
12 CFR Part 217
Code of Federal Regulations
Title 12 Part 324
12 CFR Part 324
Code of Federal Regulations
Title 12 Part 3
12 CFR Part 3
Regulation Identification Number 1557-AE10
RIN 1557-AE10
Regulation Identification Number 7100 AE74
RIN 7100 AE74
Regulation Identification Number 3064-AE59
RIN 3064-AE59
Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996; Federal Register Vol. 82, Issue
PRORULE
2017-22093
III
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
2017-12-26
Docket ID OCC-2017-0018
Regulation Q
Docket No. R-1576
P
2017-22093
Notice of proposed rulemaking.
In March 2017, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) submitted a report to Congress pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996, in which they committed to meaningfully reduce regulatory burden, especially on community banking organizations. Consistent with that commitment, the agencies are inviting public comment on a notice of proposed rulemaking that would simplify compliance with certain aspects of the capital rule. A majority of the proposed simplifications would apply solely to banking organizations that are not subject to the advanced approaches capital rule (non-advanced approaches banking organizations). Specifically, the agencies are proposing that non-advanced approaches banking organizations apply a simpler regulatory capital treatment for: Mortgage servicing assets; certain deferred tax assets arising from temporary differences; investments in the capital of unconsolidated financial institutions; and capital issued by a consolidated subsidiary of a banking organization and held by third parties (minority interest). More generally, the proposal also includes revisions to the treatment of certain acquisition, development, or construction exposures that are designed to address comments regarding the current definition of high volatility commercial real estate exposure under the capital rule's standardized approach. Under the standardized approach, the proposed revisions to the treatment of acquisition, development, or construction exposures would not apply to existing exposures that are outstanding or committed prior to any final rule's effective date. In addition to the proposed simplifications, the agencies also are proposing various additional clarifications and technical amendments to the agencies' capital rule, which would apply to both non-advanced approaches banking organizations and advanced approaches banking organizations.
Comments must be received by December 26, 2017.
OCC: Mark Ginsberg, Senior Risk Expert (202) 649-6983; or Benjamin Pegg, Risk Expert (202) 649-7146, Capital and Regulatory Policy; or Carl Kaminski, Special Counsel, or Rima Kundnani, Attorney, Legislative and Regulatory Activities Division, (202) 649-5490, for persons who are deaf or hearing impaired, TTY, (202) 649-5597, Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.
Banks
Banking
Federal Reserve System
Holding Companies
Administrative Practice and Procedure
Capital
National Banks
Risk
Capital Adequacy
Savings Associations
State Non-Member Banks
Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction
,
bbosco@fdic.gov
cawood@fdic.gov
comments@FDIC.gov
dariley@fdic.gov
mmaloney@fdic.gov
mphillips@fdic.gov
oira_submission@omb.eop.gov
rackmann@fdic.gov
regs.comments@federalreserve.gov
regs.comments@occ.treas.gov
regulatorycapital@fdic.gov
sefron@fdic.gov
http://egrpra.ffiec.gov/
http://www.fdic.gov/regulations/laws/federal/
http://www.FDIC.gov/regulations/laws/federal/propose.html
http://www.federalreserve.gov
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm
http://www.regulations.gov
https://www.fdic.gov/news/news/financial/2015/fil15016.html
https://www.federalreserve.gov/supervisionreg/srletters/sr1506.htm
https://www.occ.gov/news-issuances/bulletins/2015/bulletin-2015-23.html
regulations.gov
www.regulations.gov
Federal Register
Vol. 82, no. 207
Office of the Federal Register, National Archives and Records Administration
2017-10-27
continuing
daily
deposited
born digital
331 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2017-10-27
P0b002ee197408e04
0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr27oc17
https://www.govinfo.gov/app/details/FR-2017-10-27
https://www.govinfo.gov/content/pkg/FR-2017-10-27/pdf/FR-2017-10-27.pdf
https://www.govinfo.gov/content/pkg/FR-2017-10-27/xml/FR-2017-10-27.xml
fdlp
49737
50058
DGPO
2017-10-27
2023-10-11
FR-2017-10-27
machine generated
eng
FR
FR-2017-10-27
82
207