OCC Issues Capital and Dividends Booklet of the Comptroller Handbook
OCC issued the “Capital and Dividends” booklet of the Comptroller’s Handbook. The revised booklet presents the regulatory capital framework and discusses the regulatory capital rules that define regulatory capital and establish minimum capital standards. The booklet also provides guidance to examiners for assessing banks’ capital adequacy and compliance with capital and dividend regulations.
The revised booklet reflects changes to the regulatory capital rule and reflects the integration of the Office of Thrift Supervision into OCC. It includes expanded examination procedures for capital, dividends, and capital adequacy, along with an internal control questionnaire and verification procedures. Additionally, the revised booklet incorporates the information in OCC Bulletin 2012-16, titled “Capital Planning: Guidance for Evaluating Capital Planning and Adequacy.” The revised booklet rescinds and replaces the “Capital Accounts and Dividends” booklet, which was issued in August 1991 (narrative) and March 1998 (procedures), along with the following:
- Examining Bulletin 1992-4, “Risk-Based Capital Guidance” (June 29, 1992)
- OCC Bulletin 2012-16, “Capital Planning: Guidance for Evaluating Capital Planning and Adequacy” (June 7, 2012)
- Office of Thrift Supervision Examination Handbook 110, “Capital Stock and Ownership” (December 2003)
- Office of Thrift Supervision Examination Handbook 120, “Capital Adequacy” (September 2010)
The Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCP Act), signed into law on May 24, 2018, requires the OCC, FDIC, and FED to make certain changes to the capital framework. The agencies are working jointly to amend their regulations to incorporate the Act’s changes. On July 06, 2018, the agencies issued the “Interagency Statement Regarding the Impact of the Economic Growth, Regulatory Relief, and Consumer Protection Act,” setting out the positions they will take while making regulatory changes.
Related Links
Keywords: Americas, US, Banking, Comptroller Handbook, Regulatory Capital Framework, EGRRCP Act, OCC
Related Articles
|
News
HKMA Decides to Maintain Countercyclical Capital Buffer at 2.5%HKMA announced that, in accordance with the Banking (Capital) Rules, the countercyclical capital buffer (CCyB) ratio for Hong Kong remains at 2.5%.
April 16, 2019
WebPage
Regulatory News
|
|
News
EP Approves Agreement on Package of CRD 5, CRR 2, BRRD 2, and SRMR 2The European Parliament (EP) approved the final agreement on a package of reforms proposed by EC to strengthen the resilience and resolvability of European banks.
April 16, 2019
WebPage
Regulatory News
|
|
News
FDIC Consults on Approach to Resolution Planning for IDIsFDIC approved an Advance Notice of Proposed Rulemaking (ANPR) and is seeking comment on ways to tailor and improve its rule requiring certain insured depository institutions (IDIs) to submit resolution plans.
April 16, 2019
WebPage
Regulatory News
|
|
News
EP Resolution on Proposal for Sovereign Bond Backed SecuritiesThe European Parliament (EP) published adopted text on the proposal for a regulation of the European Parliament and of the Council on sovereign bond-backed securities (SBBS).
April 16, 2019
WebPage
Regulatory News
|
|
News
PRA Seeks Input and Issues Specifications for Insurance Stress TestsPRA announced that it will conduct an insurance stress test for the largest regulated life and general insurers from July to September 2019.
April 15, 2019
WebPage
Regulatory News
|
|
News
PRA Finalizes Policy on Approach to Managing Climate Change RisksPRA published the policy statement PS11/19, which contains final supervisory statement (SS3/19) on enhancing banks’ and insurers’ approaches to managing the financial risks from climate change (Appendix).
April 15, 2019
WebPage
Regulatory News
|
|
News
EBA Single Rulebook Q&A: First Update for April 2019EBA published answers to nine questions under the Single Rulebook question and answer (Q&A) updates for this week.
April 12, 2019
WebPage
Regulatory News
|
|
News
EIOPA Statement on Application of Proportionality in SCR SupervisionEIOPA published a supervisory statement on the application of proportionality principle in the supervision of the Solvency Capital Requirement (SCR) calculated in accordance with the standard formula.
April 11, 2019
WebPage
Regulatory News
|
|
News
FED Updates Form and Supplemental Instructions for FR Y-9C ReportingFED updated the form and supplemental instructions for FR Y-9C reporting. FR Y-9C is used to collect data from domestic bank holding companies, savings and loan holding companies, U.S intermediate holding companies, and securities holding companies with total consolidated assets of USD 3 billion or more.
April 11, 2019
WebPage
Regulatory News
|
|
News
OSFI Finalizes Guidelines on Liquidity Adequacy and NSFR DisclosuresOSFI published the final Liquidity Adequacy Requirements (LAR) guideline and the net stable funding ratio (NSFR) disclosure requirements guideline.
April 11, 2019
WebPage
Regulatory News
|
