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FDIC Federal Register Citations

[December 22, 2003 (Volume 68, Number 245)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua22de03_053-5]                         

[Page 73940]
 
Federal Deposit Insurance Corporation
 
Federal Deposit Insurance Corporation (FDIC)        Proposed Rule Stage

_______________________________________________________________________
 
4168. RISK--BASED CAPITAL GUIDELINES; CAPITAL ADEQUACY 
GUIDELINES; CAPITAL MAINTENANCE

Priority: Other Significant. Major status under 5 USC 801 is undetermined.

Legal Authority: Not Yet Determined

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: The Comptroller of the Currency, Board of Governors of the 
Federal Reserves System, Federal Deposit Insurance Corporation, and 
Office of Thrift Supervision, collectively, are proposing to amend 
their risk--based capital standards by removing a sunset provision in 
order to permit sponsoring banks, bank holding companies, and thrifts 
to exclude from their risk--weighted asset base those assets in asset--
backed commercial paper programs that are consolidated onto sponsoring 
banking organizations' balance sheets as a result of a recently issued 
accounting interpretation, Financial Accounting Standards Board 
Interpretation No. 46, Consolidation of Variable Interest Entities (FIN 
46).

Timetable:

Action   Date  FR Cite
 NPRM  10/01/03  68 FR 56568
 NPRM Comment Period End 11/17/03
Final Action  11/17/03
Regulatory Flexibility Analysis Required: No Small Entities Affected: No Government Levels Affected: None Agency Contact: Michael Phillips, Counsel, Legal Division, Federal Deposit Insurance Corporation, Washington, DC 20429 Phone: 202 898--3581 RIN: 3064-AC75 _______________________________________________________________________
Last Updated 12/22/2003 regs@fdic.gov

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