1557-AE48 201904 Unified Agenda of Federal Regulatory and Deregulatory Actions 1557 Comptroller of the Currency OCC 1500 Department of the Treasury TREAS Capital: High Volatility Commercial Real Estate Exposure

The OCC, FRB, and FDIC issued a proposed rule to implement section 214 of the EGRRCPA, which provides that, effective upon enactment, the agencies may require a depository institution to assign a heightened risk weight to a high volatility commercial real estate exposure only if such exposure is a High Volatility Commercial Real Estate Exposure (HVCRE) ADC Loan, as defined in section 214.  Because the statutory definition of HVCRE ADC Loan set forth in the EGRRPCPA is narrower than the current regulatory definition of HVCRE exposure, the Federal banking agencies intend to revise their rules to make them consistent with section 214 and to clarify the meaning of certain terms referenced in the definition of HVCRE ADC Loan.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage Undetermined No Independent agency 12 CFR 3 12 U.S.C. 93a 12 U.S.C. 161 12 U.S.C. 1462 12 U.S.C. 1462(a) 12 U.S.C. 1463 12 U.S.C. 1464 12 U.S.C. 1818 12 U.S.C. 1828(n) 12 U.S.C. 1828 (note) 12 U.S.C. 1831n (note) 12 U.S.C. 1835 12 U.S.C. 3907 12 U.S.C. 3909 12 U.S.C. 5412(b)(2)(B) No NPRM 09/28/2018 83 FR 48990 NPRM Comment Period End 11/27/2018 Final Rule 05/00/2019 No None No No https://www.regulations.gov/docket?D=OCC-2018-0026 https://www.regulations.gov/docket?D=OCC-2018-0026 No No Carl Kaminski Assistant Director 1557 Comptroller of the Currency OCC 202 649-5490 carl.kaminski@occ.treas.gov Chief Counsel's Office, 400 7th Street SW, Washington DC 20219 Rima Kundnani Counsel 1557 Comptroller of the Currency OCC 202 649-5545 rima.kundnani@occ.treas.gov Chief Counsel's Office, 400 7th Street SW., Washington DC 20219