Supervisory Guidance on the Use of Internal Risk Ratings for Assigning Risk-Based Capital on Exposures to Asset-Backed Commercial Paper Programs

Details

• Publisher's site:
  https://www.fdic.gov/
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC, along with the other federal banking and thrift regulatory agencies, has issued the attached supervisory guidance that explains the qualifying criteria for using an internal risk-rating system for assigning risk-based capital on exposures to asset-backed commercial paper (ABCP) programs. This guidance supplements the final rule revising the regulatory capital treatment of recourse, direct credit substitutes and residual interests in asset securitizations that was issued in November of 2001 (“Securitization Capital Rule” – see FIL-99-2001).
• Content Notes:
  References FIL-99-2001
• Subject:
  Capital
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2005/fil2605.html
• Format:
  PDF
• Release Date:
  03/31/2005
• Update Date:
  04/13/2005
• Withdrawn Date:
  Not Available
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Board of Governors of the Federal Rserve System ; Office of Thrift Supervision (OTS)
• Fdic Employee Involved:
  William A. Stark
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-26-2005
• Main Document Checksum:
  urn:sha256:01bea865de031dfbde5846865de612b91d2300429329624a813b4d42a597e119
• Download URL:
  https://archive.fdic.gov/view/fdic/7524/fdic_7524_DS1.pdf
• File Type:
  [PDF - 47.55 KB ]