October 9, 2012
On October 9 at 10 AM (ET) in Washington, D.C., the Federal Deposit Insurance Corporation (FDIC) Board of Directors will consider a final rule on assessments and large bank pricing. The Board will also consider a final rule on stress testing requirements for certain banks, as well as other matters. The FDIC’s March 27, 2012 notice of proposed rulemaking (NPR) on assessments and large bank pricing provides clarifications and definitional changes to the deposit insurance assessment system for insured depository institutions with more than $10 billion of assets, including amended definitions of leveraged and subprime loans used to identify concentrations in higher-risk assets. The securitization aspects of the proposals will significantly impact the ways that large banks hold capital for securitization exposures, particularly those with “higher-risk consumer loans and securities.”
More Information about the Meeting
Site where a live webcast will be available
FDIC Proposed Rule: Assessments, Large Bank Pricing - March 27, 2012
ASF Joint Comment Letter: Assessments, Large Bank Pricing – May 29, 2012