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TREAS/OCC RIN: 1557-AE48 Publication ID: Spring 2019 
Title: Capital: High Volatility Commercial Real Estate Exposure 
Abstract:

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.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 3   
Legal Authority: 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)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/28/2018  83 FR 48990   
NPRM Comment Period End  11/27/2018 
Final Rule  05/00/2019 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0026   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0026  
RIN Data Printed in the FR: No 
Agency Contact:
Carl Kaminski
Special Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-5869
Email: carl.kaminski@occ.treas.gov

Rima Kundnani
Attorney
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-5545
Email: rima.kundnani@occ.treas.gov