Comments due on NCUA proposal to delay risk-based capital rule until 1/1/2022

The National Credit Union Administration Board has approved a proposed rule delaying the effective date of its risk-based capital rule to January 1, 2022. The Board first approved the risk-based rule in October 2015, but voted in 2018 to delay the effective date to January 1, 2020. Comments on the proposal will be accepted for 30 days after publication.

UPDATE: Scheduled for Federal Register publication on 6/26/2019, with comments due by 7/26/19.