With the European Union contemplating more stringent regulatory capital rules for U.S. and non-EU headquartered systemically important financial institutions, Rep. Blaine Luetkemeyer (R-Mo.) today wrote to Federal Reserve Chairman Janet Yellen urging the Fed to reevaluate its own regulatory treatment of international banks.
Browsing: Systemic risk
The Federal Reserve today proposed a new supervisory rating scale for large bank holding companies with more than $50 billion in assets.
In a speech at the Federal Reserve Bank of Chicago today, Federal Reserve Governor Jerome Powell said that regulators should increase their efforts to monitor for liquidity risk among central counterparties by conducting stress tests on those entities.
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.
The Federal Reserve and the FDIC today published the answers to frequently asked questions about guidance issued last year on the resolution plans that the nation’s eight largest banks are required to submit detailing how they would be wound down in the event of bankruptcy. The FAQs address capital and liquidity requirements and forecasting, governance
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.
The Federal Reserve Board and the FDIC today announced that four out of five systemically important domestic banking institutions have successfully remedied deficiencies in their 2015 resolution plans.
The Federal Reserve Board today issued an interim final rule delaying certain filling filing deadlines for banks required to submit the FR Y-15, the Banking Organization Systemic Risk Report.
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.
The Financial Services Information Sharing and Analysis Center today announced a new Financial Systemic Analysis and Resilience Center.