# Standardized Approach for Calculating the Exposure Amount of Derivative Contracts
> **US Federal Reserve System** · Notification. · Published 2020-03-31 · Effective 2020-03-31 · 85 FR 17721
## Document
- **Document number:** 2020-06755
- **Category:** other
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 85 FR 17721
- **CFR reference:** 12 CFR 3
- **Publication date:** 2020-03-31
- **Effective date:** 2020-03-31
- **Docket:** Docket ID OCC-2018-0030
## Abstract

In light of recent economic disruptions caused by the COVID-19 virus and recent volatility in U.S. financial markets, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are issuing a document to allow depository institutions and depository institution holding companies to implement the final rule titled Standardized Approach for Calculating the Exposure Amount of Derivative Contracts (SA-CCR rule) for the first quarter of 2020, on a best efforts basis.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/03/31/2020-06755/standardized-approach-for-calculating-the-exposure-amount-of-derivative-contracts)
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