The FDIC will host a webinar to discuss the "standardized approach for counterparty credit risk" (SA-CCR), a new risk-based capital approach for calculating the exposure amount for derivative contracts, on February 18, 2020 from 2:00 p.m. to 3:00 p.m. Eastern Time (ET).
Statement of Applicability to Institutions with Total Assets Under $1 Billion:
This Financial Institution Letter is applicable to all FDIC-supervised institutions. However, only advanced approaches banking organizations are required to use SA-CCR.
- In November 2019, the FDIC, Board of Governors of the Federal Reserve System, and Office of the Comptroller of the Currency adopted a final rule that, for purposes of the risk-based capital rules, implements SA-CCR, which is an updated methodology for measuring counterparty credit risk for derivative contracts. SA-CCR replaces the "current exposure methodology" for large, internationally active banking organizations; other, smaller banking organizations can voluntarily adopt SA-CCR.
- The FDIC will host a webinar on Tuesday, February 18, 2020 from 2:00 p.m. to 3:00 p.m. ET to discuss SA-CCR, as well as other relevant provisions of the final rule.
- Participants can join the webinar event using the following link: https://www.mymeetings.com/nc/join.php?i=PWXW9901148&p=2697858&t=c
- Participants may dial in to the webinar by calling 888-989-4345 and using participant passcode 2697858.
- A question-and-answer session will follow the presentation. We encourage participants to submit questions via email before the webinar to firstname.lastname@example.org or during the webinar to email@example.com.
- Conference slides and a recording of the event will be archived for viewing on the FDIC's Capital Markets website.
Chief Executive Officer
Chief Financial Officer
Chief Risk Officer
Capital Adequacy of FDIC-Supervised Institutions,
12 CFR Part 324 (Regulatory Capital Rules)
Paper copies of FDIC FILs may be obtained through the FDIC's
Public Information Center, 3501 Fairfax Drive, E-1002,
Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).