IMPROVING CAPITAL STANDARDS.

SEC. 305. [12 U.S.C. 1828 nt.] IMPROVING CAPITAL STANDARDS. (a) * * * (b) Review of Risk-Based Capital Standards.— (1) In general.—Each appropriate Federal banking agency shall revise its risk-based capital standards for insured depository institutions to ensure that those standards— (A) take adequate account of— (i) interest-rate risk; (ii) concentration of credit risk; and (iii) the risks of nontraditional activities; (B) reflect the actual performance and expected risk of loss of multifamily mortgages; and (C) take into account the size and activities of the institutions and do not cause undue reporting burdens. (2) International discussions.—The Federal banking agencies shall discuss the development of comparable standards with members of the supervisory committee of the Bank for International Settlements. (3) Deadline for prescribing revised standards.—Each appropriate Federal banking agency shall— (A) publish final regulations in the Federal Register to implement paragraph (1) not later than 18 months after the date of enactment of this Act; and (B) establish reasonable transition rules to facilitate compliance with those regulations. (4) Definitions.—For purposes of this subsection, the terms “appropriate Federal banking agency”, “Federal banking agency” and “insured depository institution” have the same meanings as in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813). * * * * * * *