Tag Archives: regulatory capital

ABA: Five-Year CECL Capital Transition Needed

Citing potential high volatility in credit loss allowances under the CECL accounting standard, ABA recently called on the Basel Committee for Banking Supervision to allow banks a minimum of five years to phase into regulatory capital the incremental allowances for credit losses under the CECL standard at the time of initial implementation.

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Fed to Evaluate Large Bank ‘Living Wills,’ Fintech in 2017

Speaking at a legal event in Washington, D.C., today, Federal Reserve General Counsel Scott Alvarez outlined several issues the agency will focus on in 2017, including certain regulatory relief measures and the entrance of nonbank fintech companies into the Federal Reserve System.

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IRS Issues Guidance on Tax Treatment of TLAC Debt

The Internal Revenue Service has issued a revenue procedure that provides guidance on the tax treatment of certain internal debt that is required to be issued by intermediate holding companies to parent foreign holding companies to meet recently finalized total loss absorbing capacity, or TLAC, requirements.

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Fed Approves Final TLAC Rule

The Federal Reserve Board today finalized a rule on how much total loss absorbing capacity, or TLAC, the eight U.S. global systemically important banks are required to hold.

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IBFed: Basel Must Not Rush to Revise Capital Standards

As the Basel Committee on Banking Supervision continues work on a new round of capital standards -- an effort often described as “Basel IV” -- the International Banking Federation today cautioned Basel and the Group of 20 advanced economies to keep focused on economic growth and avoid major regulatory changes that could dampen it.

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