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Risk-Based Capital RequirementsLow Level Recourse

banking-occ · OCC · Rule · Published 1995-04-10 · Effective 1995-05-10 · 60 FR 17986

Document

Document number
95-8719
Federal Register citation
60 FR 17986
CFR reference
12 CFR 3
Type
Rule
Action
Final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
1995-04-10
Effective date
1995-05-10
Treasury docket
Docket No. 95-07

Abstract

The Office of the Comptroller of the Currency (OCC) is revising its risk-based capital standards as required by section 350 of the Riegle Community Development and Regulatory Improvement Act of 1994. This final rule modifies the risk-based capital treatment of recourse obligations to ensure that the amount of capital that a bank must hold against a recourse obligation does not exceed the bank's maximum contractual exposure. This corrects an anomaly in the existing risk-based capital standards under which the capital requirement could exceed a bank's maximum exposure.

Source

Authoritative
Federal Register document
Machine
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