Bankowość · 01/05/2014

Regulatory Capital Rules: Advanced Approaches Risk-Based Capital Rule, Proposed Revisions to the Definition of Eligible Guarantee

The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation are seeking public input on a proposed rule revision to the definition of eligible guarantee under the advanced approaches risk-based capital rule, which was introduced in 2013. The proposed change aims to address a limitation in the current definition, allowing banks to recognize guarantees of wholesale exposures more accurately.