Associations & Organizations - Mortgage Banking Websites
Description: The Bank Policy Institute (BPI) is a nonpartisan public policy, research and advocacy group, representing the nation's leading banks.
Washington, D.C. — Bank Policy Institute President and CEO Greg Baer issued the following statement on today’s Basel proposal from the federal banking agencies: Today’s proposal would unnecessarily increase the amount of required capital for banks, with resulting harm for consumers and small businesses and a continued migration of financial activity into unregulated parts of the …
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, known as “Basel III.” Jurisdictions throughout the world, including the United States and Europe, have largely implemented those standards. Generally speaking, Basel III defines minimum bank …
On Monday, Federal Reserve Board Vice Chair Barr gave a speech that described the results of his “holistic review” of capital standards. We highlight and analyze in this blog post nine key parts of that speech that strongly suggest that this “holistic review” failed to consider an important range of issues and reached policy conclusions …
Associations & Organizations - Mortgage Banking Websites