Joint Release
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
For Immediate Release June 14, 2011
Agencies Adopt a Final Rule to Establish a Risk-Based Capital Floor
Three federal banking regulatory agencies adopted a final rule that establishes a floor
for the risk-based capital requirements applicable to the largest, internationally active
banking organizations. The rule, finalized by the Federal Reserve Board, the Federal
Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, is
consistent with the requirements of Section 171 of the Dodd-Frank Wall Street Reform
and Consumer Protection Act.
A banking organization operating under the agencies' advanced approaches risk-based
capital rules is required to meet the higher of the minimum requirements under the
general risk-based capital rules and the minimum requirements under the advanced
approaches risk-based capital rules.
The rule also provides limited flexibility to establish appropriate capital requirements for
certain low-risk exposures that, in general, are not held by insured depository
institutions, but may be held by depository institution holding companies or nonbank
financial companies supervised by the Federal Reserve Board.
The final rule will be effective 30 days after publication in the Federal Register;
publication is expected soon.
# # #
Attachment:
Final Rule on Risk-Based Capital Standards: Advanced Capital Adequacy Framework -
Basel II; Establishment of a Risk-Based Capital Floor - PDF (PDF Help)
Media Contacts:
Federal Reserve Barbara Hagenbaugh (202) 452-2955
FDIC David Barr (202) 898-6992
OCC Dean DeBuck (202) 874-5770
FDIC: PR-103-2011
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
For Immediate Release June 14, 2011
Agencies Adopt a Final Rule to Establish a Risk-Based Capital Floor
Three federal banking regulatory agencies adopted a final rule that establishes a floor
for the risk-based capital requirements applicable to the largest, internationally active
banking organizations. The rule, finalized by the Federal Reserve Board, the Federal
Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, is
consistent with the requirements of Section 171 of the Dodd-Frank Wall Street Reform
and Consumer Protection Act.
A banking organization operating under the agencies' advanced approaches risk-based
capital rules is required to meet the higher of the minimum requirements under the
general risk-based capital rules and the minimum requirements under the advanced
approaches risk-based capital rules.
The rule also provides limited flexibility to establish appropriate capital requirements for
certain low-risk exposures that, in general, are not held by insured depository
institutions, but may be held by depository institution holding companies or nonbank
financial companies supervised by the Federal Reserve Board.
The final rule will be effective 30 days after publication in the Federal Register;
publication is expected soon.
# # #
Attachment:
Final Rule on Risk-Based Capital Standards: Advanced Capital Adequacy Framework -
Basel II; Establishment of a Risk-Based Capital Floor - PDF (PDF Help)
Media Contacts:
Federal Reserve Barbara Hagenbaugh (202) 452-2955
FDIC David Barr (202) 898-6992
OCC Dean DeBuck (202) 874-5770
FDIC: PR-103-2011