{"abstract":"The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) are seeking comment on three Notices of Proposed Rulemaking (NPR) that would revise and replace the agencies' current capital rules. In this NPR, the agencies are proposing to revise their risk-based and leverage capital requirements consistent with agreements reached by the Basel Committee on Banking Supervision (BCBS) in \"Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems\" (Basel III). The proposed revisions would include implementation of a new common equity tier 1 minimum capital requirement, a higher minimum tier 1 capital requirement, and, for banking organizations subject to the advanced approaches capital rules, a supplementary leverage ratio that incorporates a broader set of exposures in the denominator measure. Additionally, consistent with Basel III, the agencies are proposing to apply limits on a banking organization's capital distributions and certain discretionary bonus payments if the banking organization does not hold a specified amount of common equity tier 1 capital in addition to the amount necessary to meet its minimum risk- based capital requirements. This NPR also would establish more conservative standards for including an instrument in regulatory capital. As discussed in the proposal, the revisions set forth in this NPR are consistent with section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), which requires the agencies to establish minimum risk-based and leverage capital requirements. In connection with the proposed changes to the agencies' capital rules in this NPR, the agencies are also seeking comment on the two related NPRs published elsewhere in today's Federal Register. The two related NPRs are discussed further in the SUPPLEMENTARY INFORMATION.","action":"Joint notice of proposed rulemaking.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2012/08/30/2012-16757.html","cfr_references":[{"chapter":null,"citation_url":null,"part":3,"title":12},{"chapter":null,"citation_url":null,"part":5,"title":12},{"chapter":null,"citation_url":null,"part":6,"title":12},{"chapter":null,"citation_url":null,"part":165,"title":12},{"chapter":null,"citation_url":null,"part":167,"title":12},{"chapter":null,"citation_url":null,"part":208,"title":12},{"chapter":null,"citation_url":null,"part":217,"title":12},{"chapter":null,"citation_url":null,"part":225,"title":12},{"chapter":null,"citation_url":null,"part":324,"title":12},{"chapter":null,"citation_url":null,"part":325,"title":12},{"chapter":null,"citation_url":null,"part":362,"title":12}],"citation":"77 FR 52792","comment_url":null,"comments_close_on":"2012-10-22","correction_of":null,"corrections":[],"dates":"Comments must be submitted on or before October 22, 2012.","disposition_notes":null,"docket_ids":["Docket ID OCC-2012-0008","Docket No. R-1442"],"dockets":[],"document_number":"2012-16757","effective_on":null,"end_page":52886,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2012/08/30/2012-16757.xml","html_url":"https://www.federalregister.gov/documents/2012/08/30/2012-16757/regulatory-capital-rules-regulatory-capital-implementation-of-basel-iii-minimum-regulatory-capital","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2012-16757?publication_date=2012-08-30","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2012-08-30/2012-16757/mods.xml","not_received_for_publication":null,"page_length":95,"page_views":{"count":5978,"last_updated":"2026-09-21 08:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2012-08-30/pdf/2012-16757.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2012-16757.pdf?1344630143","publication_date":"2012-08-30","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2012/08/30/2012-16757.txt","regulation_id_number_info":{"1557-AD46":{"issue":"201304","html_url":"https://www.federalregister.gov/regulations/1557-AD46/strengthening-tier-1-capital-other-capital-enhancements-standardized-approach-basel-iii-","title":"Strengthening Tier 1 Capital Other Capital Enhancements, Standardized Approach (Basel III)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201304&RIN=1557-AD46&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"},"7100-AD87":{"issue":"201304","html_url":"https://www.federalregister.gov/regulations/7100-AD87/regulations-h-and-y-regulatory-capital-rules-regulatory-capital-implementation-of-basel-iii-minimum-","title":"Regulations H and Y--Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, and Transition Provisions. (Docket No. R-1442)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201304&RIN=7100-AD87&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"3064-AD95":{"issue":"201310","html_url":"https://www.federalregister.gov/regulations/3064-AD95/regulatory-capital-rules-regulatory-capital-implementation-of-basel-iii-capital-adequacy-transition-","title":"Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III\nCapital Adequacy, Transition Provisions, Prompt Corrective Action, Standardize\nApproach for Risk-Weighted Assets","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201310&RIN=3064-AD95&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1557-AD46","3064-AD95","7100-AD87"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Meeting with Wells Fargo 10-22-2012","document_id":"OCC-2012-0008-1240"},{"title":"Meeting with Institutional Banking Analysts 08-07-2012","document_id":"OCC-2012-0008-1239"},{"title":"Meeting with ICBA Representatives 03-02-2012","document_id":"OCC-2012-0008-1238"},{"title":"Meeting with Citigroup Representatives 2-08-2012","document_id":"OCC-2012-0008-1237"}],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1557-AD46/strengthening-tier-1-capital-other-capital-enhancements-standardized-approach-basel-iii-","title":"Strengthening Tier 1 Capital Other Capital Enhancements, Standardized Approach (Basel III)"},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=OCC-2012-0008","supporting_documents_count":4,"docket_id":"OCC-2012-0008","regulation_id_number":"1557-AD46","title":"Regulatory Capital Rules (Part I): Regulatory Capital, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions","checked_regulationsdotgov_at":"2012-10-24T05:01:15Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":52792,"subtype":null,"title":"Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action","toc_doc":"Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action","toc_subject":"Regulatory Capital Rules:","topics":["Administrative practice and procedure","Authority delegations (Government agencies)","Bank deposit insurance","Banks, banking","Confidential business information","Crime","Currency","Holding companies","Investments","Mortgages","Reporting and recordkeeping requirements","Savings associations","Securities"],"type":"Proposed Rule","volume":77}