2758 Federal Register / Vol. 79, No. 10 / Wednesday, January 15, 2014 / Unified Agenda 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

12 CFR Ch. III 

Semiannual Agenda of Regulations; 

Republication 

Editorial Note: FR Doc. 2013–29649 

originally published on pages 1281–1287 in 

the issue of Tuesday, January 7, 2014. Due to 

numerous errors, the preamble is being 

reprinted in its entirety. 

AGENCY: Federal Deposit Insurance 

Corporation. 

ACTION: Semiannual regulatory agenda. 

SUMMARY: The Federal Deposit 

Insurance Corporation (‘‘FDIC’’) is 

hereby publishing items for the fall 2013 

Unified Agenda of Federal Regulatory 

and Deregulatory Actions. The agenda 

contains information about FDIC’s 

current and projected rulemakings, 

existing regulations under review, and 

completed rulemakings. 

FOR FURTHER INFORMATION CONTACT: 

Robert E. Feldman, Executive Secretary, 

Federal Deposit Insurance Corporation, 

550 17th Street NW., Washington, DC 

20429. 

SUPPLEMENTARY INFORMATION: Twice 

each year, the FDIC publishes an agenda 

of regulations to inform the public of its 

regulatory actions and to enhance 

public participation in the rulemaking 

process. Publication of the agenda is in 

accordance with the Regulatory 

Flexibility Act (5 U.S.C. 601 et seq.). 

The FDIC amends its regulations under 

the general rulemaking authority 

prescribed in section 9 of the Federal 

Deposit Insurance Act (12 U.S.C. 1819) 

and under specific authority granted by 

the Act and other statutes. 

Final Rules 

Regulatory Capital Rules: Regulatory 

Capital, Implementation of Basel III 

Capital Adequacy, Transition 

Provisions, Prompt Corrective Action, 

Standardize Approach for RiskWeighted Assets, Market Discipline and 

Disclosure Requirements, Advanced 

Approaches Risk-Based Capital Rule, 

and Market Risk Capital Rule (3064– 

AD95) 

The Federal Deposit Insurance 

Corporation (‘‘FDIC’’) is adopting an 

interim final rule that revises its riskbased and leverage capital requirements 

for FDIC-supervised institutions. This 

interim final rule is substantially 

identical to a joint final rule issued by 

the Office of the Comptroller of the 

Currency and the Board of Governors of 

the Federal Reserve System (together, 

with the FDIC, ‘‘the agencies’’). The 

interim final rule consolidates three 

separate notices of proposed rulemaking 

that the agencies jointly published in 

the Federal Register on August 30, 

2012, with selected changes. The 

interim final rule implements a revised 

definition of regulatory capital, a new 

common equity tier 1 minimum capital 

requirement, higher minimum tier 1 

capital requirement, and, for FDICsupervised institutions subject to the 

advanced approaches risk-based capital 

rules, a supplementary leverage ratio 

that incorporates a broader set of 

exposures in the denominator. The 

interim final rule incorporates these 

new requirements into the FDIC’s 

prompt corrective action framework. In 

addition, the interim final rule 

establishes limits on FDIC-supervised 

institutions’ capital distributions and 

certain discretionary bonus payments if 

the FDIC-supervised institution does not 

hold a specified amount of common 

equity tier 1 capital in addition to the 

amount necessary to meet its minimum 

risk-based capital requirements. The 

interim final rule amends the 

methodologies for determining riskweighted assets for all FDIC-supervised 

institutions. The interim final rule also 

adopts changes to the FDIC’s regulatory 

capital requirements that meet the 

requirements of section 171 and section 

939A of the Dodd-Frank Wall Street 

Reform and Consumer Protection Act. 

The interim final rule also codifies the 

FDIC’s regulatory capital rules, which 

have previously resided in various 

appendices to their respective 

regulations, into a harmonized 

integrated regulatory framework. 

Completed Actions 

Recordkeeping Rules for Institutions 

Operating Under the Exceptions or 

Exemptions for Banks From the 

Definitions of ‘‘Broker’’ or ‘‘Dealer’’ in 

the Securities Exchange Act of 1934 

(3064–AD80) 

This RIN has been withdrawn for 

further interagency action. 

Regulatory Capital Rules (Part III): 

Standardized Approach for RiskWeighted Assets; Market Discipline and 

Disclosure Requirements (3064–AD96) 

On August 30, 2012, the FDIC, 

together with the Board of Governors of 

the Federal Reserve System and Office 

of the Comptroller of the Currency 

(together, ‘‘the agencies’’) published in 

the Federal Register a joint notice of 

proposed rulemaking, titled, Regulatory 

Capital Rules: Standardized Approach 

for Risk-Weighted Assets; Market 

Discipline and Disclosure 

Requirements’’ (Standardized Approach 

NPR or Proposed Rule). The Rule 

revised and harmonized the agencies’ 

rules for calculating risk weighted assets 

to enhance risk sensitivity and address 

weaknesses identified over recent years, 

including by incorporating certain 

international capital standards of the 

Basel Committee on Banking 

Supervision (‘‘BCBS’’) set forth in the 

standardized approach of the 

international accord titled, 

‘‘International Convergency of Capital 

Measurement and Capital Standards: A 

Revised Framework’’, as revised by the 

BCBS in 2006 and 2009, as well as other 

proposals set forth in consultative 

papers of the BCBS. Section 3(a) of the 

Regulatory Flexibility Act directs all 

federal agencies to publish an initial 

regulatory flexibility analysis, or a 

summary thereof, describing the impact 

of a proposed rule on small entities 

anytime an agency is required to 

publish a notice of proposed rulemaking 

in the Federal Register. This Rule has 

now been merged into 3064–AD95: 

Regulatory Capital Rules: Regulatory 

Capital, Implementation of Basel III 

Capital Adequacy, Transition 

Provisions, Prompt Corrective Action, 

Standardize Approach for RiskWeighted Assets, Market Discipline and 

Disclosure Requirements, Advanced 

Approaches Risk-Based Capital Rule, 

and Market Risk Capital Rule. 

Regulatory Capital Rules: Advanced 

Approaches Risk-Based Capital Rules; 

Market Risk Capital Rule (3064–AD97) 

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 

seeking comment on three notices of 

proposed rulemaking (‘‘NPRMs’’) that 

would revise and replace the Agencies’ 

current capital rules. In the NPRM 

(Advanced Approaches and Market Risk 

NPR) the Agencies are proposing to 

revise the advanced approaches riskbased capital rule to incorporate certain 

aspects of ‘‘Basel III: A Global 

Regulatory Framework for More 

Resilient Banks and Banking Systems’’ 

that the agencies would apply only to 

advanced approach banking 

organizations. The NPRM also proposes 

other changes to the advanced 

approaches rule that the agencies 

believe are consistent with changes by 

the Basel Committee on Banking 

Supervision (‘‘BCBS’’) to its 

‘‘International Convergence of Capital 

Measurement and Capital Standards: A 

Revised Framework’’ (Basel II), as 

revised by the BCBS between 2006 and 

2009, and recent consultative papers 

published by the BCBS. The Agencies 

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Federal Register / Vol. 79, No. 10 / Wednesday, January 15, 2014 / Unified Agenda 2759 

also propose to revise the advanced 

approaches risk-based capital rule to be 

consistent with Dodd-Frank Wall Street 

Reform and Consumer Protection Act of 

2010 (the ‘‘Dodd-Frank Act’’). These 

revisions include replacing reference to 

credit ratings with alternative standards 

of creditworthiness consistent with 

section 939A of the Dodd-Frank Act. 

This Rule has now been merged into 

3064–AD95: Regulatory Capital Rules: 

Regulatory Capital, Implementation of 

Basel III Capital Adequacy, Transition 

Provisions, Prompt Corrective Action, 

Standardize Approach for RiskWeighted Assets, Market Discipline and 

Disclosure Requirements, Advanced 

Approaches Risk-Based Capital Rule, 

and Market Risk Capital Rule. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2013–29649 Filed 1–6–14; 8:45 

a.m.] 

Editorial Note: FR Doc. 2013–29649 

originally published on pages 1281–1287 in 

the issue of Tuesday, January 7, 2014. Due to 

numerous errors, the preamble is being 

reprinted in its entirety. 

[FR Doc. R1–2013–29649 Filed 1–14–14; 8:45 am] 

BILLING CODE 1505–01–D 

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