ARTICLE
15 December 2014

Federal Deposit Insurance Corporation Issues Final Rule Revising Capital Ratios

SS
Shearman & Sterling LLP

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On November 25, 2014, the FDIC issued a final rule which will revise capital ratios and ratio thresholds to conform to the prompt corrective action capital ratio and ratio thresholds for used deposit insurance assessments.
United States Insurance

On November 25, 2014, the FDIC issued a final rule which will revise capital ratios and ratio thresholds to conform to the prompt corrective action capital ratio and ratio thresholds for used deposit insurance assessments. It will further revise assessment base calculations and require "highly complex" institutions to use Basel III standardized approaches for derivatives and securities financing transactions to measure counterparty exposure for deposit insurance assessment. The final rule will be effective on January 1, 2015, except for certain amendments to 12 C.F.R. ℘327.9 of certain assessment pricing methods, which will be effective on January 1, 2018.

The final rule is available at:

http://www.gpo.gov/fdsys/pkg/FR-2014-11- 26/pdf/FR-2014-11-26.pdf.

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