Washington, D.C. — The Federal Reserve Board this morning announced improvements to its supervision framework. BPI President and CEO Greg Baer issued a statement:
“These sensible changes will promote a more coherent, better focused and more effective supervisory framework. Banks are most resilient when their examiners prioritize material financial risks, not check-the-box compliance exercises.” — Greg Baer, BPI President and CEO
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About Bank Policy Institute.
The Bank Policy Institute is a nonpartisan public policy, research and advocacy group that represents universal banks, regional banks and the major foreign banks doing business in the United States. The Institute produces academic research and analysis on regulatory and monetary policy topics, analyzes and comments on proposed regulations, and represents the financial services industry with respect to cybersecurity, fraud, and other information security issues.
Media Contacts
- Austin Anton, Bank Policy Institute, austin.anton@bpi.com
