- This event has passed.
Comments due: Federal Reserve (risk-based capital)
The Federal Reserve Board is taking comments on a proposal to establish risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities. The board is proposing a risk-based capital framework, termed the Building Block Approach, that adjusts and aggregates existing legal entity capital requirements to determine an enterprise-wide capital requirement, together with a risk-based capital requirement excluding insurance activities, in compliance with section 171 of the Dodd-Frank Act. The proposal also addresses capital distributions, discretionary bonus payments, and reporting requirements. (The comment deadline was extended from the original Dec. 23, 2019, deadline.)