Details:

Publisher's site:
https://www.fdic.gov/
Corporate Authors:
Federal Deposit Insurance Corporation (FDIC)
Description:
The federal banking and thrift regulatory agencies - through an interim final rule - are temporarily amending their risk-based capital requirements for the assets of sponsors of asset-backed commercial paper (ABCP) programs that are impacted by "Financial Accounting Standards Board Interpretation No. 46, Consolidation of Variable Interest Entities." Through a notice of proposed rulemaking, the agencies are proposing a risk-based capital requirement on all liquidity facilities extended to ABCP programs, and putting forth a risk-based capital requirement for certain types of consumer securitizations that incorporate early amortization provisions.Standards Board Interpretation No. 46, Consolidation of Variable Interest Entities," and Issuers of Consumer Securitizations With Early Amortization Provisions
Subject:
[+]
Capital
Dataset Download URL:
https://www.fdic.gov/news/financial-institution-letters/2003/fil0374.html
Format:
PDF
Release Date:
10/01/2003
Update Date:
11/13/2018
Withdrawn Date: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);Office of Thrift Supervision (OTS);
Fdic Employee Involved:
Michael J. Zamorski;Jason C. Cave;Michael B. Phillips;
Other Institutions Involved:
Financial Accounting Standards Board
Related Regulation:
"Financial Accounting Standards Board Interpretation No. 46, Consolidation of Variable Interest Entities" (FIN 46);12 CFR Part 325;
Comment Period End Date:
11/17/2003
Source:
FDIC Website
Memorandum To:
FDIC-Supervised Banks (Commercial and Savings)
FIL Number:
FIL-74-2003
Main Document Checksum:
[+]
urn:sha256:d816d0681a449256d8456599a84c30673f8cd3deb770d1d2efac5b8b22ea0a5f
Download URL:
https://archive.fdic.gov/view/fdic/8564/fdic_8564_DS1.pdf
File Type:

Supporting Files

• No Additional Files

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