As the Basel, Switzerland-based Financial Stability Board begins the process of evaluating whether post-financial crisis regulatory efforts are reducing the systemic and moral hazard risks associated with systemically important banks, ABA said “that the prospect of TBTF with regard to banking organizations has been addressed in the United States by these regulatory actions and the banking industry’s concomitant efforts.”
With Vice Chairman for Supervision Randal Quarles scheduled to testify on Capitol Hill next week, the Federal Reserve today released its second report on its regulatory and supervisory activities for banking companies.
“The American economy in general is the best in the world at allocating new capital to rapidly growing sectors, and that’s the number-one thing you want from your banking and financial system,” Cowen says.
Cybersecurity and the slowing of the global economy are two key issues of concern, the CEOs of the nation’s largest banks told the House Financial Services Committee today.
The Federal Reserve today proposed several changes to its resolution planning framework for large banking companies, as well as to the regulatory capital requirements for U.S. subsidiaries of foreign banking organizations.
As part of their efforts to mitigate financial stability risks associated with connections among the largest banks, the federal banking agencies today proposed a rule that would discourage the largest banks from purchasing large amounts of total loss-absorbing capacity debt issued by other large banks.
The Basel Committee on Banking Supervision today issued updated Pillar 3 disclosure requirements reflecting the “Basel IV” capital framework released in December 2017.
The Basel, Switzerland-based Financial Stability Board today updated its list of global systemically important banks subject to supplemental loss absorbency requirements.
The Federal Reserve on Friday released a report on its regulatory and supervisory activities for banking companies demonstrating the health and safety of the banking industry.
As the Federal Reserve works on finalizing its “stress capital buffer” proposal and makes continued refinements to the overall stress testing and capital planning regime, Vice Chairman for Supervision Randal Quarles today outlined several areas where the Fed governors are working to refine the process — many of which align with recommendations made by ABA.