Please enjoy this free trial of our subscription content service, for a limited time only.
The US Federal Reserve and the UK’s PRA row back on last year’s forceful proposals for substantial capital reserve increases.
Under a revised proposal, large banks would have to increase their capital reserves by 9% instead of by 19%.
OCC Acting Comptroller Michael J. Hsu also highlighted a growth in large banks and polarization as long-term trends.
The Federal Reserve is considering a rule change that would update the inputs used to calculate large bank systemic scores.
BIS says strong supervisory scrutiny and implementation of reforms needed to enhance system resilience.
US banking regulators address evolving international standards and the recent banking crisis involving regional banks.
Latest update shows 80% of member jurisdictions have adopted at least one standard.