U.S. regulators consider reducing Basel III extra capital for banks, drawing criticism over risk calculations.
U.S. regulators are expected to reduce the extra capital banks must hold under the proposed Basel III rule, drawing criticism from industry executives who argue the draft overstates their risks. The agencies are considering substantial revisions, with the biggest savings expected from changes to operational risk calculations. Regulators are also expected to reconsider risk weightings on mortgages to low-income borrowers and renewable energy tax credits.
March 06, 2024
4 Articles