U.S. Senator Mike Rounds and Senate Banking Committee Chairman Tim Scott today sent a letter to Jerome Powell, Chairman of the Federal Reserve Board of Governors, and Michelle Bowman, Vice Chair for ...
Federal Reserve Vice Chair for Supervision Michelle Bowman said she wants banks to be competitive in the digital assets space ...
Even banks with strong capital ratios may fail as a result of the sudden failure of a counterparty or group of connected counterparties. To address this risk and to complement the now near-final Basel ...
The Federal Reserve’s top bank cop said that unveiling plans tied to Basel III are a priority but emphasized the new proposal must fit into the broader framework of capital rules for banks.
Global banking regulators and central banks said on Wednesday that the final elements of new bank capital rules designed to ...
Global banks may soon take a more favorable view of cryptocurrencies as the Basel Committee on Banking Supervision (BCBS) ...
Editor’s note: A version of this post previously appeared on FinRegRag, a blog by the scholars of the Mercatus Center Program on Financial Regulation. During the last 10 years, we’ve lived through a ...
The credit valuation adjustment charge in Basel III appears, at first glance, to be the preserve of quantitative analysts and the like. However, while complex, the CVA charge requires more widespread ...
The Basel large exposures framework requires banks to identify third parties that may constitute an additional risk factor.(Reuters) The Reserve Bank of India’s (RBI) norms on large exposures for ...
A healthy banking system is essential for the lives of all EU citizens and for the stability and prosperity of the European economy. Since the 2007–2008 financial crisis, European and international ...
The Group of Central Bank Governors and Heads of Supervision (GHOS) approved today the Basel Committee for Banking Supervision’s revisions to the market risk framework. The Basel Committee (BCBS) ...