Agencies propose rule regarding the treatment of high volatility commercial real estate
September 18, 2018 / Source: FRB
Joint Press Release
September 18, 2018
Agencies propose rule regarding the treatment of high volatility commercial real estate
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
For release at 3:00 p.m. EDT
Three federal banking agencies on Tuesday invited public comment on a proposal to modify the agencies' capital rules for high volatility commercial real estate exposures, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act.
The proposal also asks for comment on certain terms contained in the revised definition of high volatility commercial real estate. The changes, when finalized, would apply to all banking organizations subject to the agencies' capital rules. Comments will be accepted for 60 days after publication in the Federal Register.
Media Contacts:
Federal Reserve Eric Kollig 202-452-2955
FDIC Julianne Breitbeil 202-898-6895
OCC Bryan Hubbard 202-649-6870
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Last Update: September 18, 2018