OCC Warns of Risk from Rising Corporate Debt
Exposure to rising corporate debt — including bonds and loans — was among several key risk themes identified by the OCC in its semiannual risk report released today.
Browsing: Systemic risk
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.
Senators Urge Further Regulatory Tailoring for Banks Over $100B
In a letter to Federal Reserve Vice Chairman for Supervision Randal Quarles today, six Republican senators called on the Fed to more closely tailor regulations for banks with more than $100 billion in assets.
Quarles Outlines Fed’s Next Steps for Recalibrating Large Bank Supervisory Framework
In remarks at ABA’s Summer Leadership Meeting in Salt Lake City today, Federal Reserve Vice Chairman for Supervision Randal Quarles signaled that the Fed would act sooner than required by S. 2155 to tailor prudential standards for banks between $100 billion and $250 billion in assets.
Fed Approves Final Rule Setting Single Counterparty Credit Limit
The Federal Reserve Board today approved a final rule limiting the amount of credit exposure that the nation’s largest banks can have to each other and to other counterparties.
ABA Supports Tailored Approach to Supplementary Leverage Ratio for GSIBs
In a comment letter today, ABA expressed support for a proposal by the Federal Reserve and the OCC that would tailor the enhanced supplementary leverage ratio that applies to the eight global systemically important banks.
ABA Raises Concerns about Fed’s Proposed SIFI Risk Rating System
In a comment letter to the Federal Reserve today, the American Bankers Association raised concerns about the Federal Reserve’s proposed supervisory rating scale for large bank holding companies with more than $50 billion in assets.
ABA Supports Fed’s Stress Test Transparency Proposal, Recommends Further Changes
Recent proposals by the Federal Reserve that together attempt to bring more transparency to stress testing exercises mark an “important step” in an ongoing process, the American Bankers Association said in a comment letter today.
ABA Supports SIFI Designation Bill
ABA today wrote to House leaders in support of H.R. 3312, the Systemic Risk Designation Improvement Act of 2017 — a key part of the association’s Blueprint for Growth — which is expected to be up for consideration before the full House tomorrow.
Basel Report Analyzes Risk Factors of AI, Machine Learning in Finance
The growing applications of artificial intelligence and machine learning technology in financial services holds the promise of making the financial system more efficient but may pose new risks in third-party reliance, audit and interconnectedness, according to a report released today by the Basel, Switzerland-based Financial Stability Board.