Capital Standards: Joint Final Rule on Securities Borrowing Transactions

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC, along with the Federal Reserve Board and the Office of the Comptroller of the Currency, has issued the attached joint final rule clarifying the capital treatment for securities borrowing transactions for banks and bank holding companies that are subject to the Market Risk Capital Rule. Securities borrowing transactions are generally used in conjunction with short sales, securities fails (securities sold but not made available for delivery on the settlement date), and option and arbitrage positions. The final rule takes effect on February 22, 2006.
• Content Notes:
  See FIL-90-2000, dated 12/22/2000 to review the Federal Register on December 5, 2000.
• Subject:
  Capital
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2006/fil06017.html
• Format:
  PDF
• Release Date:
  02/22/2006
• Update Date:
  11/04/2018
• Withdrawn Date:
  12/01/2018
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Board of Governors of the Federal Reserve System (The Fed) ; Office of the Comptroller of the Currency (OCC)
• Fdic Employee Involved:
  Jason C. Cave ; John Feid ; Michael Phillips
• Related Regulation:
  12 CFR Part 325, Appendix C
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• Effective Date:
  02/22/2006
• FIL Number:
  FIL-17-2006
• Main Document Checksum:
  urn:sha256:6a192b2e08fb3c5886d88d884c4c650500163e513a58751508ef8a4f2e8a08ab
• Download URL:
  https://archive.fdic.gov/view/fdic/7501/fdic_7501_DS1.pdf
• File Type:
  [PDF - 1.28 MB ]