Banking Agencies Request Information on Alternatives to the Use of External Credit Ratings in Risk-Based Capital Rules

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On August 10, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Office of Thrift Supervision (collectively, the Banking Agencies) issued an advanced notice of proposed rulemaking regarding the use of credit ratings in the Banking Agencies’ risk-based capital rules (the Proposal).

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Katten Muchin Rosenman LLP on:

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