# Standardized Approach for Calculating the Exposure Amount of Derivative Contracts; Correction
> **US Federal Reserve System** · Final rule; correcting amendments. · Published 2020-09-17 · Effective 2020-09-17 · 85 FR 57956
## Document
- **Document number:** 2020-17744
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 85 FR 57956
- **CFR reference:** 12 CFR 3
- **Publication date:** 2020-09-17
- **Effective date:** 2020-09-17
- **Docket:** Docket ID OCC-2018-0030
## Abstract

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are issuing this final rule to make technical corrections to certain provisions of the capital rule related to the standardized approach for counterparty credit risk, which is used for calculating the exposure amount of derivative contracts and was adopted in a final rule published on January 24, 2020.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/09/17/2020-17744/standardized-approach-for-calculating-the-exposure-amount-of-derivative-contracts-correction)
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