Basel Issues Final Set of Pillar 3 Disclosure Requirements
The Basel Committee on Banking Supervision today issued updated Pillar 3 disclosure requirements reflecting the “Basel IV” capital framework released in December 2017.
Browsing: SIFIs
Basel Updates List of Global SIFIs for 2019
The Basel, Switzerland-based Financial Stability Board today updated its list of global systemically important banks subject to supplemental loss absorbency requirements.
Fed Bank Supervision Report Illustrates Industry Health
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.
Quarles Outlines Changes to Expect in Stress Testing Framework
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.
Fed Finalizes SIFI Risk Rating System
The Federal Reserve today finalized a new supervisory rating scale for large bank holding companies to better harmonize the ratings system with its existing supervisory program.
GOP Lawmakers Call for Fed to Drop SIFI Designation for Banks Under $250B in Assets
A group of 29 Republican lawmakers wrote to Federal Reserve Vice Chairman for Supervision Randal Quarles today calling on the Fed to act swiftly to de-designate banks with $250 billion or less in assets as systemically important financial institutions.
ABA Op-Ed: Regulators Need to Revisit Bank Capital Rules
In an American Banker op-ed today, ABA EVP Wayne Abernathy and VP Hugh Carney explain why it’s time for regulators to assess and calibrate capital requirements for banks of all sizes.
OCC Proposes Raising Asset Threshold for Recovery Planning Guidelines
The OCC is today proposing revising its 2016 guidelines on recovery planning for the large financial institutions it regulates.
Zions Bank Sheds SIFI Status
The Financial Stability Oversight Council today voted to de-designate Zions Bank as a systemically important financial institution as the bank merges with its holding company.
House Republicans to Quarles: Recalibrate Capital Surcharge
Several Republican members of the House Financial Services Committee last week urged Federal Reserve Vice Chairman for Supervision Randal Quarles to recalibrate the Fed’s capital surcharge for the largest U.S.-based global systemically important banks.