Top of the Agenda FDIC Proposes Modernizing Changes to Brokered Deposits, Community Reinvestment Act Regulations On November 12, the FDIC proposed revisions to its brokered deposit regulation. Section 29 of… Continue Reading
December 13
December 12
After Adjusting for Economic Growth, as Pledged, GSIB Surcharges Should be 50 Basis Points Lower
This post updates the growth adjustment to the systemic indicator scores of the eight U.S. global systemically important banks (GSIBs) that BPI calculated in May 2018 using the most recent… Continue Reading
December 9
December 6, 2019
Top of the Agenda BPI’s Bill Nelson Argues for Smaller Fed Balance Sheet Post Repo Disruption On December 5, BPI’s Chief Economist Bill Nelson presented remarks titled “The Fed’s Balance… Continue Reading
December 6
BPI Submits Comment Letter on Proposed California Privacy Regulations
On December 6, BPI submitted a letter to the California Attorney General on proposed regulations under the California Consumer Privacy Act (“CCPA”). The letter calls for harmonization of the new… Continue Reading
December 5
BPI Chief Economist Bill Nelson Gives Remarks at Brookings Symposium on Repo Market Disruption
The Fed’s Balance Sheet Can and Should Get Much Smaller Remarks at a Brookings Institution Symposium on “The Repo Market Disruption: What Happened, Why, and Should Something Be Done About… Continue Reading
December 3
BPI Submits Comment Letter to Agencies on Proposed Call Report Revisionspdate to Disclosure Requirements
On December 3, BPI submitted a comment letter to the Fed, OCC, and FDIC responding to proposed reporting revisions to the Call Reports and the FFIEC 101 (reporting of risk-weighted… Continue Reading
December 2
BPI and SIFMA Submit Comment Letter to SEC on Proposed Update to Disclosure Requirements
On December 2, BPI and SIFMA submitted a comment letter to the SEC responding to proposed updates and revisions to the SEC’s Industry Guide 3 governing disclosure requirements by bank… Continue Reading
November 29
BPI Submits Letter to Financial Action Task Force on Draft Guidance on Digital Identity
On November 29, BPI submitted a response to the Financial Action Task Force’s (“FATF”) public consultation on its Draft Guidance on Digital Identity, which is aimed at clarifying “how digital… Continue Reading
November 22
November 22, 2019
Top of the Agenda Regulators, Industry Examine the Changing Financial Landscape at BPI-The Clearing House Annual Conference BPI and the Clearing House hosted their 2019 Annual Conference, which convened leading… Continue Reading
November 20
Quantifying Just How High U.S. Capital Requirements Are
Several academic studies have estimated the level of optimal capital requirements using data from banks across various banking systems and economies around the world. Regulators and policymakers often use the… Continue Reading