What’s the Context Here? After the 2008-09 global financial crisis, the Basel Committee on Banking Supervision, the global standard setting body for bank regulation, agreed on a complete overhaul of bank capital standards. Those overhauled standards, known as “Basel III,” largely have been implemented worldwide, including in the U.S. and Europe. Generally speaking, these standards …Read More
The Basel Accord will affect the availability and cost of credit to U.S. businesses of all sizes. That is unless U.S. regulators act.Read More
Originally published by American Banker In a recent op-ed in American Banker, Judith Rinearson argues that stablecoins, cryptocurrencies with valuations tied to a real-world fiat currency, are safe because the state money transmitter requirements that they are subject to require them to be backed “100% by reserves.” She contrasts the backing of stablecoins with bank deposits, for …Read More
The Basel Accord will affect the availability and cost of credit to U.S. businesses of all sizes. That is unless U.S. regulators act.
Through the Network for Greening the Financial System (NGFS), the international regulatory community has developed a series of template scenarios that incorporate both transition and physical risks. These scenarios are being used by regulators and financial institutions worldwide to assess climate-related risks. One scenario specifies a “hothouse world” where temperatures rise significantly, resulting in severe …
A common criticism of bank mergers is that they lead to a disproportionate number of branch closures and thereby diminish access to banking services, but a new BPI research note examines 40 years of data and shows this is false: branches are just as likely to be closed by banks that do not merge or …
Do bank mergers lead to a disproportionate number of branch closures and, in turn, expansion of so-called “banking deserts,” as some have claimed? An objective examination of the facts demonstrates such claims to be false and, moreover, that branch closings in recent years have not caused consumers to be unbanked. Fact number 1: Historically, mergers …
Stories Driving the Week The Basel Premium U.S. companies could soon pay more for loans than their European peers depending on how the U.S. applies the latest round of Basel bank rule changes. This factsheet explains why details in the final revisions to the global bank regulatory standards could make loans cost more for U.S. businesses. A …
BITS is the technology policy division of the Bank Policy Institute. BITS provides an executive level forum to discuss and promote current and emerging technology, foster innovation, reduce fraud and improve cybersecurity and risk management practices for the nation’s financial sector.
The research department conducts long- and short-term analysis on issues primarily related to bank regulation and supervision with the objective of encouraging welfare-enhancing regulatory change. Our economists conduct academic-level research intended for presentation at conferences and publication in peer-reviewed journals.