Comments due on HVCRE capital proposal

A joint press release from the Fed, FDIC, and OCC invites public comment on a proposal to modify the agencies' capital rules for high volatility commercial real estate exposures, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act. The proposal also asks for comment on certain terms contained in the revised definition of high volatility commercial real estate. The changes, when finalized, would apply to all banking organizations subject to the agencies' capital rules. Comments on the proposal will be accepted for 60 days following Federal Register publication.

The FDIC also issued FIL-50-2018 concerning the proposal.

UPDATE: Published at 83 FR 48990 on 9/28/18, with 60-day comment period ending 11/27/18.