Rulemaking · Federal Reserve · Nov 27, 2023

Regulatory Capital Rules: Risk-Based Capital Requirements for Depository Institution Holding Companies Significantly Engaged in Insurance Activities

The Board of Governors of the Federal Reserve System is adopting risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities. This risk-based capital framework, termed the Building Block Approach, adjusts and aggregates existing legal entity capital requirements to determine enterprise-wide capital requirements. The final rule also contains a risk-based capital requirement excluding insurance activities, in compliance with section 171 of The Dodd-Frank Wall Street Reform and Consumer Protection Act. The Board also is adopting a reporting form FR Q-1 related to the Building Block Approach. The capital requirements and associated reporting form meet statutory mandates and will help to prevent the economic and consumer impacts resulting from the failure of organizations engaged in banking and insurance.

Docket or bill

2023-23911

Official record

https://www.federalregister.gov/documents/2023/11/27/2023-23911/regulatory-capital-rules-risk-based-capital-requirements-for-depository-institution-holding

Tracked as

Regulatory Capital Rules: Risk-Based Capital Requirements for Depository Institution Holding Companies Significantly Engaged in Insurance Activities

Issued by

Federal Reserve System

Traceable spending around this event

Tracked giving from finance banking donors in the year before the event, and lobbying on BAN, FIN issue codes in the surrounding window. These are partial, tracked figures scoped to a window, not totals for the industry.

Positions

No entity positions are recorded for this event yet. Positions are shown only where an entity has a cited stance on the record.

Top lobbying on these issues

Clients with the most reported lobbying spend on BAN, FIN issue codes in the window around the event. Lobbying reports cover multiple issues, so spend is not attributable to this event alone.

• CHAMBER OF COMMERCE OF THE U.S.A.$86,380,000 · 5 filings
• Boeing$10,580,000 · 3 filings
• AMERICAN BANKERS ASSOCIATION$8,390,000 · 5 filings
• CONOCOPHILLIPS$7,860,000 · 4 filings
• AMERICAN ASSOCIATION FOR JUSTICE$6,395,000 · 6 filings
• KOCH GOVERNMENT AFFAIRS, LLC$6,210,000 · 3 filings
• SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION$6,180,000 · 3 filings
• Oracle$5,710,000 · 2 filings

Figures are drawn from tracked FEC donations and Senate LDA lobbying disclosures held in this database. See the methodology for how spending is scoped to an event window.