Banking and Financial Services: Federal Regulators’ ANPR on Alternatives to Use of Credit Ratings in Regulatory Capital Guidelines, by Jonathan Rusch
On August 10, the Federal Reserve Board of Governors, the FDIC, the Office of the Comptroller of the Curency, and the Office of Thrift Supervision jointly issued an Advance Notice of Proposed Rulemaking (ANPR) regarding alternatives to the use of credit ratings in the four agencies’ risk-based capital rules for banking organizations. A joint release […]