Agencies announce interim decision on impact of FAS 158 on regulatory capital
The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and Office of Thrift Supervision issue joint statement on FAS 159.
The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and Office of Thrift Supervision has issued a joint statement announcing their interim decision that the Statement of Financial Accounting Standards No. 158, Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans (FAS 158), will not affect banking organizations’ regulatory capital.
Until these regulators determine otherwise through a rulemaking, banks, bank holding companies, and savings
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