REGULATORS CONTINUE REVIEWING NEW SYSTEM FOR EVALUATING INTEREST RATE RISK; NO CHANGES TO BANK DATA REQUIRED AT THIS TIME
FOR IMMEDIATE RELEASE
The three federal banking regulators announced today they
are continuing to analyze a proposed new framework for
measuring exposure to interest rate risk and, therefore, banks
will not be required to supply additional information in this
area for the first quarter of 1996.
The Federal Reserve Board, the Federal Deposit Insurance
Corporation and the Office of the Comptroller of the Currency
jointly published a proposed policy statement in August
regarding a standard process for measuring and monitoring a
bank's exposure to changes in interest rates. After
considering the public comments received, the three agencies
decided that further analysis of the proposal is necessary.
This means there will be no additions to the interest rate
risk portion of the quarterly Reports of Condition and Income
(Call Reports) that banks will file as of March 31, 1996.