Summary: | The federal banking agencies are jointly issuing the attached final rule allowing goodwill, which must be deducted from Tier 1 capital, to be reduced by the amount of any associated deferred tax liability. The final rule will take effect 30 days after its publication in the Federal Register . However, a bank may elect to apply this final rule for regulatory capital reporting purposes as of December 31, 2008. |
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To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html .
Paper copies of FDIC financial institution letters
may be obtained through the FDIC's Public
Information Center, 3501 Fairfax Drive, E-1002,
Arlington, VA 22226
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Additional Related Topics:
- Risk-Based Capital Standards
- 12 CFR Part 325