S. 2155 Tailoring

S. 2155 Tailoring Initiative

The Bank Policy Institute supports S. 2155’s directive to better calibrate the financial regulatory system through tailoring.

1. BPI urges the agencies to adopt the general framework of the “risk-based indicator” approach set forth in the tailoring proposals, subject to important changes. Specifically, BPI recommends regulators:
2. BPI encourages the agencies to ensure that final regulations not be nullified through an examination process that reimposes the same standards.
3. Further, BPI encourages the agencies to reconsider and revisit other aspects of the existing regulatory framework underlying the tailoring proposals, including the U.S. GSIB surcharge framework, Liquidity Coverage Ratio and proposed Net Stable Funding Ratio.