Regulatory Alerts2013-10-01
Added · Updated
Proposed: 905 Loan Limitations: Credit Exposure to Derivative Transactions
The State Bank Commissioner proposes to amend Regulation 905 to align Delaware state bank lending limits with federal requirements for calculating credit exposure arising from derivative transactions. The amendment incorporates adjustments from an OCC final rule to maintain parity between state and national banks, specifically updating definitions and calculation methods such as the Internal Model Method and Conversion Factor Matrix. Interested parties may submit written comments on the proposed changes to the Office of the State Bank Commissioner by October 31, 2013.