The Federal Reserve, FDIC and OCC are proposing a revised market risk reporting mechanism to reflect the Basel III regulatory capital rules finalized last year. The changes to the quarterly FFIEC 102 report are intended to help regulators track growth in the more credit-risk related, less liquid and less actively traded products the market risk rule seeks to capture.
The new reporting requirements are estimated to apply to 43 banks, savings associations and holding companies. Comments are due Nov. 3.
Read the proposal.