After SVB, Barr weighs up move to close midsize bank loophole on reporting losses

Federal Reserve considers ‘more stringent standards’ while FSOC ponders definition of systemic importance.

The US Federal Reserve is considering closing a loophole that allows some midsize banks to avoid reporting on losses on securities they hold, which was a contributing factor in the collapse of Silicon Valley Bank (SVB). 

As the WSJ reported Friday, the Fed’s vice chair for supervision, Michael Barr, is

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in