U.S. Chamber of Commerce
OCCRulemakingOCC-2023-0008

Regulatory Capital Rule: Amendments Applicable to Large Banking Organizations and to Banking Organizations with Significant Trading Activity

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Last modified
Jun 11, 2025
Comment window
closed 924d ago
U.S. Chamber of Commerce filings
2

Activity

U.S. Chamber of Commerce filed 2 comments on this docket between Jan 16, 2024 and Jan 20, 2024. 96 other organizations filed here. The comment window closed 924d ago.

What U.S. Chamber of Commerce filed (2)

Jan 16, 2024· Bank Policy Institute, Financial Services Forum, SIFMA and U.S. Chamber of Commerce· OCC-2023-0008-0071

On behalf of the Bank Policy Institute, the Financial Services Forum, the Securities Industry and Financial Markets Association and the U.S. Chamber of Commerce, attached please find a joint comment on the on the joint notice of proposed rulemaking issued by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency that would amend the capital requirements applicable to large banking organizations and those with significant trading activity.

Abstract

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are inviting public comment on a notice of proposed rulemaking (proposal) that would substantially revise the capital requirements applicable to large banking organizations and to banking organizations with significant trading activity. The revisions set forth in the proposal would improve the calculation of risk-based capital requirements to better reflect the risks of these banking organizations' exposures, reduce the complexity of the framework, enhance the consistency of requirements across these banking organizations, and facilitate more effective supervisory and market assessments of capital adequacy. The revisions would include replacing current requirements that include the use of banking organizations' internal models for credit risk and operational risk with standardized approaches and replacing the current market risk and credit valuation adjustment risk requirements with revised approaches. The proposed revisions would be generally consistent with recent changes to international capital standards issued by the Basel Committee on Banking Supervision. The proposal would not amend the capital requirements applicable to smaller, less complex banking organizations.

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