Bankowość · 30/07/2014

OCC, Federal Reserve, and FDIC Adopt Final Rule on Eligible Guarantee Definition for Advanced Approaches Risk-Based Capital Rule

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are adopting a final rule that revises the definition of eligible guarantee in the advanced approaches risk-based capital rule, effective July 2013, to remove the requirement for eligible guarantors for calculating risk-weighted assets of exposures under the rule.