Tag Archives: regulatory capital

ABA Asks Basel Committee to Withdraw Step-In Risk Proposal

In a comment letter today, ABA called on the Basel Committee on Banking Supervision to withdraw a proposal to set a global regulatory capital requirement to address “step-in” risk -- that is, the risk a bank would provide financial support to nonbank financial entities in times of market stress beyond or in absence of any contractual obligations.

Read More »

Hensarling Previews Regulatory Reform Plan

Speaking today at ABA’s Government Relations Summit, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) offered a preview of a financial regulatory reform plan that he expects to unveil soon.

Read More »

ABA, Groups: TLAC Proposal Would Be Too Costly

The federal banking agencies’ proposal for the eight U.S. global systemically important banks to increase their total loss absorbing capacity, or TLAC, would create a $363 billion shortfall in eligible TLAC and long-term debt -- plus $622 trillion in unrelated liabilities -- by Jan. 1, 2019, a massive gap that would “be very expensive and perhaps impossible to cure…promptly,” according to ABA and several other trade groups in a comment letter Friday.

Read More »

Regulators Support Basel Guidance on External Audits for Largest Banks

The FDIC, OCC and Federal Reserve today issued a joint advisory supporting the Basel Committee’s March 2014 external audit guidance for large, internationally active banks and offering recommendations for addressing the differences between U.S. standards and practices and those specified by the Basel guidance.

Read More »