A final rule on restrictions for qualified financial contracts will be considered, and a discussion of a resolution about simplifying capital rules will be held, by the FDIC Board at a meeting Wednesday (Sept. 27).
The board announced the meeting today.
The complete agenda for the meeting (at 10 a.m. at the deposit insurer’s main building in Washington, D.C.) includes:
- Memorandum and resolution re: Final Rule Establishing Restrictions on Qualified Financial Contracts of Certain FDIC supervised Institutions; Revisions to the Definition of Qualifying Master Netting Agreement and Related Definitions.
- Memorandum and resolution re: Designated Reserve Ratio for 2018
- Update of Projected Deposit Insurance Fund Losses, Income, and Reserve Ratios for the Restoration Plan.
- Memorandum and resolution re: Regulatory Capital Rule: Simplification to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996.
- Summary reports, status reports, reports of actions taken pursuant to authority delegated by the Board of Directors, and reports of the Office of Inspector General.
FDIC stated in its agenda notice that “no substantive discussion of the (summary agenda) items is anticipated. These matters will be resolved with a single vote unless a member of the Board of Directors requests that an item be moved to the discussion agenda.”
The board’s meeting will be webcast live at http://fdic.windrosemedia.com.