Senate and House negotiators today announced they have reached agreement on legislation to reform the U.S. AML framework…Read More
As planning for the presidential transition proceeds, there are some voices calling for a rollback of what they describe as the reckless bank deregulation of the past few years. Their rhetoric echoes that of 2009, but the reality of 2020 is very different. As the Financial Stability Board recently explained, “In contrast to the 2008 financial …Read More
In this research note, we present an overview of important methodological challenges associated with climate change stress testing for banks. While significant and important progress has been made in developing climate scenario analysis, the methodological challenges collectively make the results of climate stress testing extremely subjective and highly variable. Despite these challenges, the underlying analysis …Read More
On November 11, the Financial Stability Board (FSB) in consultation with the Basel Committee on Banking Supervision (BCBS) published its annual updated list of banks identified as global systemically important banks (GSIBs) and their corresponding capital buffer surcharge. Most notably, the updated list of GSIBs showed that three U.S. banks had moved to a lower …
Senate and House negotiators today announced they have reached agreement on legislation to reform the U.S. AML framework…
The Acting Comptroller of the Currency wants to force every large bank to lend to every industry in every geographic region of the country, regardless of whether the bank has any knowledge of the industry or the local area, and regardless of any qualitative factors the bank may want to take into account. The OCC …
Washington, D.C. — Today, BPI submitted a Freedom of Information Act (FOIA) request to the Office of the Comptroller of the Currency (OCC) for data that supports the agency’s assertions about banks in its Fair Access proposal. The OCC has rushed this proposed rule without providing enough time or information for banks or the public to respond meaningfully to the proposal which relies on false …
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.