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Today brings NAFCU's free webcast on RBC2 with NCUA Director of Examination and Insurance Larry Fazio, who will give credit union viewers a closer look at the agency's final rule on risk-based capital and NCUA's plans for implementing it.

Fazio will discuss implementation of the final rule from the supervision and examination side. The final rule takes effect in 2019; to support it, NCUA will also be working on changes to the call report as well as its AIRES exam system.

NAFCU has published a Final Regulation (login required) on RBC2 for members. In addition, NAFCU's Compliance Blog is running a series of Friday posts on the RBC2 final rule.

In last week's installment, NAFCU Regulatory Affairs Counsel Alicia Nealon detailed the risk-based capital ratio that will be applied to "complex" credit unions. These institutions, defined by the rule as credit unions with more than $100 million in assets, will determine their RBC ratio by calculating the percentage, rounded to two decimal places, of its RBC numerator to its total risk-weighted assets denominator.

Nealon defines the elements that contribute to this ratio and provides details on the risk categories and risk weights assigned to each specifically defined on-balance-sheet asset.

Nealon will focus on a different aspect of this rule in the Compliance Blog each Friday over the next few weeks.

To view today's free webcast, register now; the program begins at 3:30 p.m. Eastern.