Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance: Domestic Capital Modifications

19 organizations filed 19 public comments on Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance: Domestic Capital Modifications, at the Office of the Comptroller of the Currency. The comment window closed 7064d ago.

Abstract

The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) (collectively, the Agencies) are proposing revisions to the existing risk-based capital framework that would enhance its risk sensitivity without unduly increasing regulatory burden. These changes would apply to banks, bank holding companies, and savings associations (banking organizations). A banking organization would be able to elect to adopt these proposed revisions or remain subject to the Agencies' existing risk-based capital rules, unless it uses the Advanced Capital Adequacy Framework proposed in the notice of proposed rulemaking published on September 25, 2006 (Basel II NPR). In this notice of proposed rulemaking (NPR or Basel IA), the Agencies are proposing to expand the number of risk weight categories, allow the use of external credit ratings to risk weight certain exposures, expand the range of recognized collateral and eligible guarantors, use loan-to-value ratios to risk weight most residential mortgages, increase the credit conversion factor for certain commitments with an original maturity of one year or less, assess a charge for early amortizations in securitizations of revolving exposures, and remove the 50 percent limit on the risk weight for certain derivative transactions. A banking organization would have to apply all the proposed changes if it chose to use these revisions. Finally, in Section III of this NPR, the Agencies seek further comment on possible alternatives for implementing the ``International Convergence of Capital Measurement and Capital Standards: A Revised Framework'' (Basel II) in the United States as proposed in the Basel II NPR.

Commenters (19)

• BOK Financial Corporationunverified attribution

  1 filing · confidence 70%
• Council of Federal Home Loan Bankstrade assoc.

  1 filing · confidence 85%
• Countrywide Financial Corporationunverified attribution

  1 filing · confidence 70%
• European Banking Federationtrade assoc.

  1 filing · confidence 85%
• Federal Farm Credit Banks Funding Corp.unverified attribution

  1 filing · confidence 70%
• First Horizon National Corporationunverified attribution

  1 filing · confidence 70%
• Illinois League of Financial Institutionstrade assoc.

  1 filing · confidence 85%
• Independent Community Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Institute of International Bankerstrade assoc.

  1 filing · confidence 85%
• Massachusetts Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Mortgage Bankers Associationtrade assoc.

  1 filing · confidence 97%
• National Association of REALTORStrade assoc.

  1 filing · confidence 85%
• Old Republic Insurance Companyunverified attribution

  1 filing · confidence 70%
• State Street Corporationunverified attribution

  1 filing · confidence 70%
• TCF National Bankunverified attribution

  1 filing · confidence 70%
• The Financial Services Roundtabletrade assoc.

  1 filing · confidence 85%
• The Risk Management Associationtrade assoc.

  1 filing · confidence 85%
• Valley National Bankunverified attribution

  1 filing · confidence 70%
• VantageScore Solutions LLCunverified attribution

  1 filing · confidence 70%