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Proposal:1629 (AF22) Standardized Approach for Calculating the Exposure Amount of Derivative ContractsDescription: Comment ID:133482From:Marquette Transportation Company, Joseph Proposal:1629 (AF22)
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The new standardized approach is for calculating credit risk capital requirements.
Banks and financial institutions are required to file the new standardized approach.
The new standardized approach can be filled out electronically through the regulatory reporting system provided by the regulatory authority.
The purpose of the new standardized approach is to ensure that banks and financial institutions maintain adequate capital to cover credit risk.
Information such as credit risk exposures, risk weights, and capital requirements must be reported on the new standardized approach.
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