Assessments: Final Rule
Wednesday, December 3, 2014 at 4:54PM
Banking Spectrum in Banking News

The FDIC Board of Directors recently adopted the Assessments Final Rule. The Final Rule revises the FDIC's risk-based deposit insurance assessment system to reflect changes in the regulatory capital rules that go into effect in 2015 and 2018. For deposit insurance assessment purposes, the Final Rule will: (1) revise the ratios and ratio thresholds relating to capital evaluations, (2) revise the assessment base calculation for custodial banks, and (3) require that all highly complex institutions measure counterparty exposure for assessment purposes using the Basel III standardized approach in the regulatory capital rules. There are two effective dates for item (1): January 1, 2015, and January 1, 2018. The effective date for items (2) and (3) is January 1, 2015.

Additional information may be found on the FDIC website at: http://www.fdic.gov/news/news/financial/2014/fil14057.html

Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).
See website for complete article licensing information.