The FDIC, Federal Reserve and OCC last month proposed brand-new capital requirements for banks with more than $100 billion in possessions. In reaction, the American Bankers Association has actually introduced a brand-new bank capital resources page on its site to highlight its advocacy on the subject and share the most recent policy advancements.
The proposed rulemaking would execute the so-called “Basel III endgame” requirements while removing the practice of counting on banks’ internal danger designs. If executed, the brand-new guidelines would enter into impact over 3 years beginning on July 1, 2025.
In a declaration on the website, the association stated that it supports strong bank capital requirements however thinks that extreme capital requirements can impede financing and development. ABA even more kept in mind that regulators have actually regularly concluded—and tension tests have actually shown—that the U.S. banking system stays well capitalized.