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.
Browsing: Basel III
The Basel Committee today issued a revised framework for market risk capital requirements.
ABA’s Rob Nichols this morning expressed the disappointment and frustration of the banking industry that Congress failed to include meaningful regulatory relief in the negotiated 2016 spending bill that was unveiled overnight.
The Basel Committee on Banking Supervision today published a second, revised version of its standardized approach to credit risk, which is intended to build on the Basel risk-based capital framework.
The Federal Reserve today finalized a rule offering examples of how the Basel III requirements for common equity tier 1 capital would be satisfied by bank holding companies not organized as stock corporations, such as limited liability companies and partnerships.
In remarks at yesterday’s Economic Growth and Regulatory Paperwork Reduction Act outreach meeting in Arlington, Va., Federal Reserve Governor Daniel Tarullo pointed to the possibility of changing the Basel III capital calculations and reporting to minimize the burden on highly-capitalized community banks — as ABA has long advocated.
The Federal Reserve on Wednesday finalized several changes to the Dodd-Frank Act-mandated stress tests for banks with more than $10 billion in assets.
The federal banking regulators today issued guidance on the methodology banks can use to deduct investments from tier 1 capital under the Volcker Rule and the Basel III regulatory capital rule.
Federal Reserve Governor Lael Brainard at an EGRPRA outreach meeting today listed several areas that she believes “hold the greatest promise to reduce undue regulatory burden.” Many areas mentioned correspond to items on ABA’s Agenda for America’s Hometown Banks. For example, Brainard noted that the Fed is exploring options for allowing smaller banks to achieve