Supervision and Regulation Letters
Advanced Approaches Risk-Based Capital Rule Examination Guidance on the Board's Public Website
SUPERVISION AND REGULATION
|SUBJECT:||Advanced Approaches Risk-Based Capital Rule Examination Guidance on the Board's Public Website|
This letter explains the availability on the Board’s public website of examination guidance relating to implementation of the advanced approaches risk-based capital rule (advanced approaches rule). A series of bulletins (referred to as “BCC Bulletins”) will be used to address technical and other matters on the implementation of the advanced approaches rule. This guidance only applies to a few large, internationally active banking organizations. In addition, the BCC Bulletins are primarily directed at examiners and banking organization personnel with extensive background knowledge of advanced approaches rule. The first two BCC Bulletins have been posted on the public website.
Reserve Banks are asked to distribute this letter to supervised organizations in their Districts subject to the advanced approaches rule, as well as to their own supervisory and examination staff. Questions regarding this letter should be addressed to the following Board BS&R staff in the Capital & Regulatory Policy section: Holly Kirkpatrick, Senior Financial Analyst at (202) 452-2796; or Christopher Powell, Senior Financial Analyst at (202) 912-4353. In addition, questions may be sent via the Board’s public website.
Michael S. Gibson
Division of Banking
Supervision and Regulation
1. See 12 CFR 208, appendix F (state member banks) and 12 CFR 225, appendix G (bank holding companies). Return to text
2. BCC stands for the "Basel Coordination Committee." The BCC consists of Federal Reserve System staff who are responsible for overseeing the Federal Reserve System's process for implementing the advanced approaches rule. Return to text