A notice of proposed rulemaking issued by the federal banking agencies would simplify Basel III regulatory capital rules for all but the largest and most complex financial institutions. Some industry trade associations note that the rule aligns with their advocacy efforts.
The Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corp. intend the rule as a means to “strike an appropriate balance between complexity and risk sensitivity” for the country’s largest financial entities.
Find out what financial trade associations have to say about the agencies’ proposal and what it would mean for the industry if adopted.