WBA submitted comments supporting OCC, FRB, and FDIC’s proposal to extend the current treatment of certain capital rules for non-advanced approaches institutions that would otherwise become effective on January 1, 2018 under Basel III. The extension would apply to the risk weight and deduction treatment for MSAs, temporary difference DTAs, significant investments in the capital of unconsolidated financial institutions in the form of common stock, nonsignificant investments in the capital of unconsolidated financial institutions, and significant investments in the capital of unconsolidated financial institutions that are not in the form of common stock (i.e. Trust Preferred Securities). The Agencies are considering more permanent changes to the capital rule for these institutions, which would come in a future rulemaking. 

Read WBA's comment letter here.