Joint Release
Federal Deposit Insurance Corporation
Board of Governors Federal Reserve System
Office of the Comptroller of the Currency
For immediate release December 15, 2010
Agencies Seek Comment on Market Risk and Basel II Advanced Approaches
Three federal bank regulatory agencies today announced they are seeking comment on
a notice of proposed rulemaking that would revise the market risk capital rules for
banking organizations with significant trading activity.
The proposed rule would implement changes approved by the Basel Committee on
Banking Supervision to its market risk framework. The Federal Reserve, the Office of
the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation
(FDIC) believe the proposed revisions would better capture positions for which the
market risk capital rules are appropriate, reduce procyclicality in market risk capital
requirements, enhance the rules' sensitivity to risks that are not adequately captured by
the current regulatory measurement methodologies, and increase market discipline
through enhanced disclosures.
The Federal Reserve, OCC, and FDIC request comments on the notice within 90 days
of its publication in the Federal Register, which is expected soon.
Separately, the Federal Reserve, the OCC, and the FDIC are seeking comment on a
notice of proposed rulemaking that would amend the advanced approaches capital
adequacy framework known as Basel II to be consistent with certain provisions of the
Dodd-Frank Wall Street Reform and Consumer Protection Act. More specifically, a
banking organization operating under the advanced approaches standards would be
required to meet, on an on-going basis, the higher of the generally applicable and the
advanced approaches minimum risk-based capital standards.
The Federal Reserve, OCC, and FDIC request comments on this notice within 60 days
of its publication in the Federal Register, which is expected soon.
(FDIC: PR-270-2010)
# # #
Attachment:
Market Risk Proposed Rule - PDF (PDF Help)
Basel II Advanced Approach - PDF (PDF Help)
Media Contacts:
Federal Reserve Barbara Hagenbaugh (202) 452-2955
FDIC Greg Hernandez (202) 898-6993
OCC Kevin Mukri (202) 874-5770
Federal Deposit Insurance Corporation
Board of Governors Federal Reserve System
Office of the Comptroller of the Currency
For immediate release December 15, 2010
Agencies Seek Comment on Market Risk and Basel II Advanced Approaches
Three federal bank regulatory agencies today announced they are seeking comment on
a notice of proposed rulemaking that would revise the market risk capital rules for
banking organizations with significant trading activity.
The proposed rule would implement changes approved by the Basel Committee on
Banking Supervision to its market risk framework. The Federal Reserve, the Office of
the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation
(FDIC) believe the proposed revisions would better capture positions for which the
market risk capital rules are appropriate, reduce procyclicality in market risk capital
requirements, enhance the rules' sensitivity to risks that are not adequately captured by
the current regulatory measurement methodologies, and increase market discipline
through enhanced disclosures.
The Federal Reserve, OCC, and FDIC request comments on the notice within 90 days
of its publication in the Federal Register, which is expected soon.
Separately, the Federal Reserve, the OCC, and the FDIC are seeking comment on a
notice of proposed rulemaking that would amend the advanced approaches capital
adequacy framework known as Basel II to be consistent with certain provisions of the
Dodd-Frank Wall Street Reform and Consumer Protection Act. More specifically, a
banking organization operating under the advanced approaches standards would be
required to meet, on an on-going basis, the higher of the generally applicable and the
advanced approaches minimum risk-based capital standards.
The Federal Reserve, OCC, and FDIC request comments on this notice within 60 days
of its publication in the Federal Register, which is expected soon.
(FDIC: PR-270-2010)
# # #
Attachment:
Market Risk Proposed Rule - PDF (PDF Help)
Basel II Advanced Approach - PDF (PDF Help)
Media Contacts:
Federal Reserve Barbara Hagenbaugh (202) 452-2955
FDIC Greg Hernandez (202) 898-6993
OCC Kevin Mukri (202) 874-5770