Browsing: Financial stability


Regulatory reforms adopted by the world’s largest banks have bolstered the financial system’s ability to absorb the sudden economic shocks of the coronavirus pandemic, Federal Reserve Vice Chairman for Supervision Randal Quarles, who also chairs the Financial Stability Board, said in a speech today.

Compliance and Risk

As banks continue to address the immediate challenges of the COVID-19 pandemic, the Federal Reserve and the FDIC today announced that they would extend two upcoming deadlines for certain banks required to file resolution plans for orderly resolution in the event of material financial distress or failure.


The Federal Reserve Board today issued an interim final rule amending the treatment of the total loss absorbing capacity, or TLAC, that the eight U.S. global systemically important banks and designated foreign banks with U.S. operations are required to hold.

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