Free Trial

MNI: US Regulators To Propose New Capital Rules for Big Banks

(MNI) Washington

The Federal Reserve, FDIC and OCC said Friday they will soon propose new capital standards for large banks, without including further details in the announcement.

"The agencies plan to seek public input on the new capital standards for large banking organizations and are currently developing a joint proposed rule for issuance as soon as possible," the bank regulators said in a joint press release.

The regulators also "reaffirmed their commitment" to implementing enhanced regulatory capital requirements that align with the final set of Basel III standards.

The Fed's new vice chair for supervision, Michael Barr, previously said he plans to examine capital and liquidity regulation, including recalibrating the supplementary leverage ratio, Basel III endgame and stress testing.

MNI Washington Bureau | +1 202-371-2121 |
MNI Washington Bureau | +1 202-371-2121 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.