The American Bankers Association joined three other financial trade associations in a comment letter to the FDIC, Federal Reserve and OCC last week seeking additional clarity on the recently issued final rules tailoring the application of enhanced prudential standards and applying capital and standardized liquidity requirements.
ABA today wrote to the heads of the Federal Reserve, FDIC and OCC requesting clarity on the effective date of recently finalized final rules on the tailoring of capital and liquidity standards.
In a Federal Reserve survey released today, senior financial officers from 80 U.S. banks and U.S. branches of foreign banks reported that their lowest comfortable level of reserve balances was slightly over $652 billion, down slightly from a survey earlier this year.
Structural issues in the repo market led to last week’s market turbulence.
The FDIC today flagged high loan concentrations, as well as the interest rate environment and short-term liquidity challenges, as key risks facing banks in 2019.
The sooner and more clearly defined a bank’s succession plan is developed, the easier and smoother the transition will be for customers, employees and shareholders alike.
ABA on Friday submitted feedback to the federal regulatory agencies on a recent proposal to tailor prudential regulations for foreign banking organizations.
The Basel, Switzerland-based Financial Stability Board today released for consultation an analysis of the effects of post-crisis regulation—specifically the Basel III capital and liquidity requirements—on lending to small and medium-sized enterprises.
The federal banking agencies today issued a final rule implementing an ABA-advocated provision of S. 2155 that expands the pool of what counts as high-quality liquid assets under the Liquidity Coverage Ratio.
The National Credit Union Administration board today proposed a rule that would allow federal credit unions to have up to 50% of their deposits come from other credit unions and government entities, up from a 20% cap today.