Extended Comment Period for Basel III NPRs

Orrick - Finance 20/20
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On August 8, the Fed, the FDIC, and the OCC extended the comment period for the three notices of proposed rulemaking from June 7 to revise and replace current capital rules. Comments originally due on September 7 are now due on October 22. Fed Release. Basel III NPR. Standardized Approach NPR. Advanced Approaches and Market Risk NPR.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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