Comments due on agencies' proposal to extend capital rule transitions
The FRB, FDIC, and OCC have issued a joint press release on a proposal to extend certain capital rule transitions. The proposal would extend the existing transitional capital treatment for certain regulatory capital deductions and risk weights. The extension would apply to banking organizations that are not subject to the agencies' advanced approaches capital rules. The agencies are proposing the extension because they expect to soon issue a separate proposal to simplify the regulatory treatment of the items for which the extension is now proposed. A 30-day comment period will begin on publication of the current proposal in the Federal Register.
UPDATE: Published at 82 FR 40495, with comment period ending 9/25/2017.
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