WASHINGTON — Federal banking regulators will give banks up to four quarters to phase-in final risk-based capital rules, the agencies said in a joint release on Thursday.

The rules generally make banks subject to higher risk-based regulatory capital requirements by changing how they must account for items like securitized assets. While once off-balance sheet items, banks now would have to account for items including securitized assets on their balance sheets.

"The rule better aligns risk-based capital requirements with the actual risks of certain exposures," the agencies said.

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