Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Thursday, July 7, 2016

Tarullo: Smaller Banks Need ‘Substantially Simpler’ Capital Regime

In remarks at an industry event, Federal Reserve Governor Daniel Tarullo made one of his strongest statements yet about the need to minimize capital burdens on highly capitalized community banks – as ABA has long advocated.

Tarullo said,
Capital requirements for smaller institutions in the United States need to be simpler than they are. When it comes to smaller institutions and certainly community banks – any institution under $10 billion – I think we can and should have a substantially simpler capital system, one that looks more like the original Basel I.

ABA and the state bankers associations have strongly advocated – in letters and in person – for provisions exempting banks that are clearly highly capitalized from having to prove it via the complex and costly Basel III calculations.

No comments:

Post a Comment

Please read our comment policy before making a comment.