ABA today filed a comment letter on the federal banking agencies’ proposal to set a community bank leverage ratio at 9%.
Browsing: Basel III
Senate Banking Committee Chairman Mike Crapo (R-Idaho) and committee member Jerry Moran (R-Kan.) on Friday called for the banking agencies to set the community bank leverage ratio at 8%.
As part of their efforts to mitigate financial stability risks associated with connections among the largest banks, the federal banking agencies today proposed a rule that would discourage the largest banks from purchasing large amounts of total loss-absorbing capacity debt issued by other large banks.
Federal Reserve Vice Chairman for Supervision Randal Quarles today defended the agency’s decision to hold the countercyclical capital buffer for banking organizations using the Basel III advanced approaches at zero percent for the third year in a row, noting that financial vulnerabilities remain within their normal range.
As part of its broad review of the post-crisis regulatory framework, the Basel, Switzerland-based Financial Stability Board today sought public feedback on the effects of post-crisis rules on credit for small and midsize enterprises.
In a bid to prevent what it calls “window-dressing,” a form of regulatory arbitrage around disclosure deadlines, the Basel Committee on Banking Supervision has proposed revisions to its disclosure framework for the Basel III leverage ratio.
In a long-awaited rulemaking, the FDIC today voted to propose that community banks with a leverage capital ratio of at least 9 percent may be automatically considered in compliance with Basel III capital requirements and exempt from the complex Basel calculations.
An estimated 80 percent of community banks will be exempt from complex risk-based capital under the yet-to-be-announced community bank leverage ratio, FDIC Chairman Jelena McWilliams said at a community banking symposium hosted by the Federal Reserve Bank of Chicago today.
Financial regulators will issue by year-end their proposal exempting highly capitalized community banks from the Basel III capital calculations, as directed by S. 2155, FDIC Chairman Jelena McWilliams told members of the Senate Banking Committee today.
In an American Banker op-ed today, ABA EVP Wayne Abernathy and VP Hugh Carney explain why it’s time for regulators to assess and calibrate capital requirements for banks of all sizes.