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.
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.
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.
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.
The OCC is today proposing revising its 2016 guidelines on recovery planning for the large financial institutions it regulates.