Banking Supervision & Regulation

2014

 
 
Date Title Category
July 16, 2014 Risk-based Capital

A new final rule clarifies the types of guarantees eligible for treatment as regulatory capital under the advanced-approaches risk-based capital rule. The new rule takes effect October 1, 2014.

Bank Supervision
July 1, 2014 Regulations Y and YY

A new proposal, published today in the Federal Register, would modify the timing and scope of the rules governing capital plans and stress tests. The deadline for public comment is August 11, 2014.

Bank Supervision
June 19, 2014 Tax Allocation

New final guidance, published today in the Federal Register, instructs financial institutions to review and clarify their tax allocation agreements in order to minimize disputes between holding companies and their depository institutions over ownership of tax refunds.

Bank Supervision
June 4, 2014 Regulatory Review

The federal banking agencies are reviewing their regulations to identify ones that are outdated, unnecessary, or unduly burdensome. This first round of review focuses on Applications and Reporting, Powers and Activities, and International Operations. Three more rounds of review will take place over the next two years. The deadline for public comment on this round is September 2, 2014.

Bank Supervision
May 15, 2014 Concentration Limits

A new proposed rule, published today in the Federal Register, would prohibit a financial company from combining with another company if the ratio of the resulting company's liabilities exceeds 10 percent of the aggregate consolidated liabilities of all financial companies. The proposal generally defines “liabilities” as the difference between a firm’s risk-weighted assets, as adjusted to reflect exposures deducted from regulatory capital, and its total regulatory capital. Firms not subject to consolidated risk-based capital rules would measure liabilities according to GAAP. The deadline for public comment is July 8.

Bank Supervision
May 1, 2014 Regulatory Capital

A final rule, published today in the Federal Register, sets a minimum supplementary leverage ratio for the very largest U.S. banking organizations. Effective January 1, 2018, bank holding companies covered by the rule will have to maintain a supplementary leverage ratio of at least 5 percent to avoid restrictions and their insured depository institutions will have to maintain a supplementary leverage ratio of at least 6 percent to be well capitalized according to the prompt corrective action framework. 

A proposed rule, published separately today in the Federal Register, revises the regulatory capital rule’s definition of “eligible guarantee.” The deadline for public comment is June 13.

Bank Supervision
March 24, 2014 Appraisal Management Companies

A new proposed rule would set registration and supervision requirements for appraisal management companies (AMCs), which act as intermediaries between appraisers and lenders. In states that don’t certify and license AMCs, the rule would bar AMCs from providing appraisal management services for real estate transactions involving federal regulated banking entities. Public comments are due in 60 days.

Bank Supervision
March 13, 2014 Stress Tests

Final supervisory guidance, published today in the Federal Register, describes general expectations for the stress tests the Dodd-Frank Act requires banks and holding companies to conduct on their own. The guidance applies to mid-sized banks and holding companies, those with between $10 billion and $50 billion in total assets.

Bank Supervision
January 6, 2014 Regulation A

A new proposed rule, published today in the Federal Register, implements the Dodd-Frank Act’s requirements for emergency lending by the Federal Reserve. The deadline for public comment is March 7, 2014.

Bank Supervision