September 27, 2017

US Agencies (OCC, FED, and FDIC) proposed a rule for reducing the regulatory burden by simplifying several requirements in the agencies' regulatory capital rule. Most aspects of the proposed rule would apply only to banking organizations that are not subject to the "advanced approaches" in the capital rule, which are generally firms with less than USD 250 billion in consolidated assets and less than USD 10 billion in total foreign exposure. Comments must be received within 60 days of the date of publication in the Federal Register.

The proposed rule simplifies the capital treatment for certain acquisition, development, and construction loans, mortgage servicing assets, certain deferred tax assets, and investments in the capital instruments of unconsolidated financial institutions, and minority interest. The agencies also are proposing 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. The proposed rule is consistent with the Economic Growth and Regulatory Paperwork Reduction Act report issued by the agencies. In the report, the agencies committed to meaningfully reducing regulatory burden, especially on community banking organizations, while maintaining safety and soundness and the quality and quantity of regulatory capital in the banking system.

 

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Keywords: Americas, US, Banking, Regulatory Capital Rules, Proportionality, US Agencies

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