Banking Supervision & Regulation

2012

 
 
Date Title Category
October 12, 2012 Stress Tests

Final stress-testing rules, published today in the Federal Register, require the largest bank holding companies and their state member bank subsidiaries to conduct their own stress tests this fall and disclose those results next spring. Holding companies with total assets between $10 billion and $50 billion must conduct their first stress tests in the fall of 2013 and do not need to publicly disclose those first tests’ results.

Bank Supervision
August 27, 2012 Stress Tests

The Federal Reserve is considering whether to delay the effective date of certain Dodd-Frank Act stress-testing requirements. The delay under consideration, which would apply to company-run stress tests at bank holding companies, state member banks, and savings and loan holding companies with between $10 billion and $50 billion in total consolidated assets, would help ensure that these companies have sufficient time to develop their stress-testing programs.

Bank Supervision
August 8, 2012 Basel III

The Federal Reserve has extended the public comment period on the proposed interagency rule, designed to implement the Basel III regulatory capital reforms, until October 22.

Bank Supervision
July 30, 2012 Regulation HH

A new final Federal Reserve rule establishes risk-management standards for financial market utilities (FMUs) the Financial Stability Oversight Council designates as systemically important. The rule also sets standards these designated FMUs must meet when they intend to make material changes to their rules, procedures, or operations. The rule takes effect September 14.

Bank Supervision
July 12, 2012 Banking Applications

New supervisory guidance outlines a new optional process by which banking organizations can seek the Federal Reserve’s feedback on potential bank acquisitions or other proposals. This new pre-filing process is intended to help ease and shorten the formal application process for infrequent filers, like some community banks, or potential filers with novel proposals.

Bank Supervision
June 29, 2012 Riegle-Neal Act

The federal banking regulatory agencies have updated their host state loan-to-deposit ratios, which the agencies use to determine compliance with Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994.

Bank Supervision
June 7, 2012 Capital Rules

Changes to the market risk capital rule, which requires banking organizations with significant trading activities to adjust their capital requirements to account for market risk, are now final. The approved final rule takes effect January 1, 2013.

Bank Supervision
June 7, 2012 Capital Rules

Three new proposed rules seek to establish an integrated regulatory capital framework. Public comments are due September 7.

Bank Supervision
June 4, 2012 Supervisory Coordination

As part of an effort to minimize unnecessary regulatory burden, the federal financial prudential regulators and the Consumer Financial Protection Bureau have entered a Memorandum of Understanding to coordinate the supervision of insured depository institutions with greater than $10 billion in assets.

Bank Supervision
June 4, 2012 Securities Holding Companies

A new final rule, published today in the Federal Register and effective July 20, outlines the procedure by which an SHC, a nonbank company that owns at least one registered broker-dealer, can choose Federal Reserve supervision.

Bank Supervision
May 14, 2012 Stress Tests

A new statement from the Federal Reserve, FDIC, and OCC clarifies that stress-testing requirements for banking organizations with total consolidated assets of greater than $10 billion don’t apply to community banks. Community banks should have a sound risk management program, however, that allows them to analyze the potential effect of adverse outcomes.

Bank Supervision
April 10, 2012 Dodd-Frank Act

A new proposed amendment to Regulation Y, published today in the Federal Register, would clarify the definition of “financial activities,” one of the key criteria used to determine whether a company is subject to Title I of the Dodd-Frank Act. The deadline for public comment is May 25.

Bank Supervision
March 30, 2012 Leveraged Finance

Proposed new guidance, published today in the Federal Register, would replace existing interagency guidance and focus on five main areas: risk-management frameworks; underwriting standards; valuation standards; pipeline management; and reporting and analytics. The deadline for public comment is June 8.

Bank Supervision
February 2, 2012 ALLL Guidance

New supervisory guidance on allowance for loan and lease losses (ALLL) estimation practices, out today, reminds regulated financial institutions to monitor all credit quality indicators relevant to credit portfolios, including loans and lines of credit secured by junior liens on one- to four-family residential properties.

Bank Supervision