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WASHINGTON The Office of the Comptroller of the Currency released a final rule late Thursday that extends the deadline for banks to comply with a requirement that limits credit exposure per customer.
June 20 -
Comptroller of the Currency Tom Curry said regulators should take another look at the leverage ratio as part of a Basel III rule, another sign that the agencies are considering raising the standard.
May 9
The Office of the Comptroller of the Currency has updated its accounting guidelines to reflect the new regulatory-capital requirements outlined in Basel III set to take effect next year.
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The OCC's latest issuance does not contain new rules, but offers the agency's interpretation of existing rules. The guidance is meant to help banks resolve commonly asked questions and consistently apply accounting standards across their financial reporting, the OCC said. It plans to issue updated guidelines at least once a year.
Banking regulators