Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Press Release

Agencies Extend Comment Period on Proposed Standardized Approach for Calculating the Exposure Amount of Derivative Contracts

For Immediate Release

WASHINGTON—Three federal banking agencies on Friday extended until March 18, 2019, the comment period for a proposed rule to update their standards for how firms measure counterparty credit risk posed by derivative contracts.

The proposal, jointly issued by the Federal Reserve Board, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, would provide the "standardized approach for measuring counterparty credit risk," also known as "SA-CCR" as an alternative approach to the agencies' current exposure methodology, or CEM, for calculating derivative exposure under the agencies' regulatory capital rules.

With the extension, the agencies will have provided interested parties with approximately four and a half months from the date the proposal was publicly released to review the proposal.

The proposal was released by the agencies on October 30, 2018, with a 60-day comment period that began after publication in the Federal Register on December 17, 2018.

# # #

PR-8-2019
Attachment(s)

Last Updated: February 15, 2019