The Federal Reserve Board, the Federal Deposit Insurance
Corp., the Office of the Comptroller of the Currency and the Office of
Thrift Supervision jointly proposed rules that would implement new
risk-based capital requirements in the United States for large,
internationally active banking organizations (
www.fdic.gov/news/news/press/2006/pr06082.html ). In addition
the agencies proposed revisions to the market risk capital rules they
have used since 1997 to regulate banking organizations significantly
exposed to market risk. Among other provisions, the proposal would
make the rules applicable to certain savings associations they
currently do not cover. The agencies also proposed supervisory
reporting templates for use in applying the new rules. Comments are
due 120 days after the proposals are published in the Federal Register.
Banking
