One of the most concerning proposals arising from the international cooperative process is the Basel III endgame—a term for the next round of regulatory capital reforms developed by the Basel Committee on Banking Supervision.
It’s inappropriate to ask American consumers and businesses to simply rely on regulators’ assurances about the future — particularly when they’re being asked to accept new standards developed by an entity far removed from our financial system.
Following the departure of Jelena McWilliams from the FDIC, Acting Chairman Martin Gruenberg today outlined his agency’s shift in priorities for the year ahead.
The Basel Committee on Banking Supervision today announced that it will delay the implementation of outstanding capital standards—commonly referred to as “Basel IV”—to allow banks to focus their resources on navigating the coronavirus pandemic.
The Basel Committee on Banking Supervision today issued updated Pillar 3 disclosure requirements reflecting the “Basel IV” capital framework released in December 2017.
As the federal banking agencies weigh the implementation of Basel IV standards in the United States, ABA on Friday urged them not to implement haircut floors for securities financing transactions.