FDIC Federal Register Citations

[Page 65417]

Federal Deposit Insurance Corporation (FDIC) Final Rule Stage

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4421. CAPITAL MAINTENANCE -- COLLATERALIZED TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1815; 12 USC 1816; 12 USC 1818; 12 USC 1819; 12
USC 1828; 12 USC 1831; 12 USC 3907; 12 USC 3909; 12 USC 4808; PL 102-
233; PL 102-242

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: This rule was developed in consultation with the OCC, the
FRS, and the OTS (Agencies). It amends FDIC's risk-based capital
standards to make the standards uniform with the Agencies' treatments
for transactions supported by collateral. The effect of the proposal is
to allow banks to hold less capital for certain transactions
collateralized by cash or qualifying securities. This action is the
result of a CDRI section 303(a) review.

Timetable:
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Action Date FR Cite

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NPRM 08/16/96 61 FR 42565
NPRM Comment Period End 10/15/96
Final Action 12/00/99

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Stephen G. Pfeifer, Examination Specialist, Division of
Supervision, Federal Deposit Insurance Corporation, Washington, DC
20429
Phone: 202 898-8904

RIN: 3064-AB78
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