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ATRR

   Also found in: Financial 0.01 sec.
AcronymDefinition
ATRRAnnual Transmission Revenue Requirement
ATRRAcceptance Test Readiness Review
ATRRAircrew Training Requirements Review
ATRRAutomatic Target Recognition & Reporting


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At least annually, the Federal banking agencies shall determine jointly, based on the standards set forth in paragraph (b)(2) of this section, the following: (i) Which international assets subject to transfer risk warrant establishment of an ATRR; (ii) The amount of the ATRR for the specified assets; and (iii) Whether an ATRR established for specified assets may be reduced.
The law and the implementing regulations essentially require an ATRR against credits to countries that are not servicing their debts and are not moving toward implementing sound economic policies that can restore growth and enhance creditworthiness.
Banks have the option of writing off the loans to the level established by the regulatory authorities or of establishing an ATRR for that amount.
 
 
 
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