Agencies Finalize Revisions to the Capital Rules Applicable to Advanced Approaches Banking Organizations

Press Release

Joint Release Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
For Immediate Release June 16, 2015

Agencies Finalize Revisions to the Capital Rules Applicable to Advanced Approaches Banking Organizations

The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today finalized revisions to the regulatory capital rules adopted in July 2013.

The final rule applies only to large, internationally active banking organizations that determine their regulatory capital ratios under the advanced approaches rule—generally those with at least $250 billion in total consolidated assets or at least $10 billion in total on-balance sheet foreign exposures. The agencies published changes to the rules affecting these organizations on December 18, 2014, and the final rule adopts these changes substantially as proposed.

The final rule corrects and updates certain aspects of the advanced approaches rule, including the calculation requirements for risk-weighted assets for advanced approaches banking organizations. Many of the changes enhance consistency of the advanced approaches with international capital standards.

The final rule will be effective October 1, 2015.

Media Contacts:
Federal Reserve Board Darren Gersh 202-452-2955
FDIC David Barr 202-898-6992
OCC Stephanie Collins 202-649-6870

FDIC: PR-51-2015

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