Basel IA Proposal for U.S. Banking Organizations Not Adopting Basel II.
Mondaq Business Briefing › Nbr. 2006, January 2006
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Basel IA Proposal for U.S. Banking Organizations Not Adopting Basel II.
Developments of Note
Basel IA Proposal for U.S. Banking Organizations Not Adopting Basel II SEC Announces Agenda for December 13 Open Meeting FDIC Issues Draft Guidelines on Small-Dollar Loans FRB Approves Interim Rule Eliminating Certain Regulation O Requirements IRS Rules that Income from Commodities-Linked Notes and from a Foreign Subsidiary Investing in Commodities Derivatives Constitutes Qualified Income for RIC Fund Developments of Note Basel IA Proposal for U.S. Banking Organizations Not Adopting Basel II As referenced in last week's Alert, on December 5, 2006, the FDIC and the FRB issued a notice of proposed rule making ("NPR") setting forth proposed changes in the risk-based capital rules, known as Basel IA, that would apply on a optional basis to the vast majority of banking organizations in the U.S. which will not be subject to Basel II. Banking organizations which are not required to adopt Basel II, which do not opt into Basel II, and which do not opt for Basel IA would continue to be subject to existing risk-based capital rules. Moreover, the NPR seeks comment on whether the Basel II banking organizations should be permi...See the full content of this document
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