On April 6, 2015, the US Office of the Comptroller of the Currency, the US Board of Governors of the Federal Reserve and the US Federal Deposit Insurance Corporation issued answers to certain frequently asked questions on the regulatory capital rule. The topics addressed in the FAQs include the following: (i) the definition of capital; (ii) separate account and equity exposures to investment funds; (iii) high volatility commercial real estate exposures; (iv) other real estate and off-balance-sheet exposures; (v) qualifying central counterparty questions; (vi) credit valuation adjustment questions; and (vii) other miscellaneous questions.
The full text of the FAQs is available at: http://www.occ.gov/news-issuances/bulletins/2015/bulletin-2015-23a.pdf.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
