Monday, July 16, 2012
FDIC to Classify Gold as a 0% Risk Weighted Asset
A. Zero Percent Risk-Weighted Items
The following exposures would receive a zero percent risk weight under the proposal:
Direct and unconditional claims on the U.S. government, its central bank, or a U.S. government agency;
Exposures unconditionally guaranteed by the U.S. government, its central bank, or a U.S. government agency;
Claims on certain supranational entities (such as the International Monetary Fund) and certain multilateral development banking organizations
Claims on and exposures unconditionally guaranteed by sovereign entities that meet certain criteria (as discussed below).
For more information, please refer to sections 32(a) and 37(b)(3)(iii) of the proposal. For exposures to foreign governments and their central banks, see section L below.
Central Metals Corp.
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