The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging the agency to revise its regulatory treatment of Emergency Capital Investment Program investments.
Browsing: Regulatory capital
The American Bankers Association and the Bank Policy Institute filed a comment letter on two proposals issued recently by the Securities and Exchange Commission concerning insider trading and share repurchase disclosure modernization.
A bipartisan, ABA-advocated bill to address “tough legacy” Libor contracts is included in the omnibus spending bill that Congress is expected to pass in the coming days, Sen. Jon Tester (D-Mont.) said at the ABA Washington Summit today.
The Federal Housing Finance Agency today finalized changes to the prescribed leverage buffer amount and the capital treatment of risk transfers under enterprise regulatory capital framework for Fannie Mae and Freddie Mac.
The Federal Reserve today released the hypothetical economic and financial market scenarios that it will use in the next round of stress tests for the nation’s largest financial institutions. This year’s stress tests will evaluate 34 large banks.
With the Treasury Department investing $8.7 billion in community development financial institutions and minority depository institutions through its Emergency Capital Investment Program, ABA and several other trade groups this week urged the Federal Reserve to revise quickly its regulatory treatment of ECIP investments to support the program’s success.
With the expiration of coronavirus-related relief provided under the CARES Act, the community bank leverage ratio will revert to a minimum of 9% starting on Jan. 1, 2022, the banking agencies said today.
The American Bankers Association and 51 state bankers associations expressed support today for H.R. 6145, which would direct the federal banking agencies to fix the community bank leverage ratio at a level between 8% and 8.5%, between Jan. 1, 2022, and Dec. 31, 2024.
The financial condition of the banking system remained strong and improved during the first half of 2021, despite some lingering concerns, the Federal Reserve found in its latest supervision and regulation report released today.
The FDIC, OCC and Federal Reserve today issued an annual report outlining differences among the accounting and capital standards used by the agencies for insured depository institutions, as required by the Federal Deposit Insurance Act.