Federal Deposit Insurance Corporation

Regulators Propose Accounting Changes as ‘Problem’ Banks Grow 

Bank regulators on Wednesday issued a proposal on new accounting standards that would address the alignment of regulatory capital requirements with the actual risks of certain exposures, including securitized assets. The Federal Reserve, Federal Deposit Insurance Corp. (FDIC), Office of Thrift Supervision (OTS) and Office of the Comptroller of the Currency (OCC) issued the proposal on the standards, which would subject affected banking organizations to higher minimum capital requirements beginning in 2010.