Browsing: Systemic risk

Compliance and Risk

Regulations based on asset size are “inappropriate and needlessly burdensome” for many banks with non-complex business models, and ultimately lead to higher costs and fewer choices for consumers, ABA said in written testimony submitted for a Senate Banking Committee hearing on regulatory relief for midsize and regional banks today.

Economy

The Federal Reserve Board today finalized a rule on how much total loss absorbing capacity, or TLAC, the eight U.S. global systemically important banks are required to hold.

Economy

Federal Reserve Governor Daniel Tarullo today defended the post-financial crisis regulatory regime for the nation’s largest banks and said regulators should be cautious when determining whether to roll back regulatory provisions.