News Topic: regulation-reform

Basel III is nearly incomprehensible to most readers, including bank directors, managers, and analysts. Of what use is a measure no one can understand? Tangible equity capital is understood by all. ... Read full article

An alternative capital requirement that allowed Lehman and Bear Stearns to build up huge subprime portfolios and incur excessive leverage remains in effect for six large broker-dealers and investment banks. ... Read full article

Intended to bring together the entire universe of U.S. financial regulators in the hope that doing so would identify and forestall new risks to the financial system, the FSOC, two years in, has not identified much and can therefore be credited with little ... Read full article

The notion of decreasing the degree to which a banker can use his or her judgment to add to the ALLL not only throws the baby out with the bathwater, but it also fails to protect the investor, the very person that the accounting rules claim to be ... Read full article

It is neither the intent nor the practice of NCUA to influence a vote on a credit union conversion. Our rules protect members' rights to make well informed decisions. ... Read full article

A practical, well-executed plan, even one with disappointingly modest goals, will deliver more than an overly ambitious plan, easily subverted, that in hindsight probably had no hope of ever succeeding. ... Read full article

There will be some complex decisions for those involved in Tarp situations, particularly with regard to banks that are likely to fail if they are not acquired or recapitalized. Here's what to consider before you make them. ... Read full article

The market for discount notes of the Federal Home Loan Banks represents an adequate Libor replacement since, in addition to meeting other criteria, yields on its securities are the result of actual arm's length transactions with some 80 approved debt ... Read full article

By proposing to design regulations intended to shape state laws and practices, the FHFA is picking a fight with the states that will overshadow any economic benefit from risk-based pricing. ... Read full article

Even those who don't agree with all five policy initiatives outlined in Andrew Haldane's paper should embrace the underlying theme: It is never too late to rethink basic problems and policy prescriptions, and achieve better economic outcomes. ... Read full article

Even those who don't agree with all five policy initiatives outlined in Andrew Haldane's "The Dog and the Frisbee" should embrace the underlying theme: It is never too late to rethink basic problems and policy prescriptions, and ... Read full article

The law radically expands the power of the Fed and banking regulators. It gives the institutions that created the crisis more ability to cause bigger problems in the future. ... Read full article

An increase in capital requirements may reduce earnings, minimize returns and contribute to a stagnant environment where loan production is at a minimum and bank acquisitions are very few. ... Read full article

Market participants will quickly fill the home finance gap. Financing homes is an excellent business. The S&Ls were successful in this market for 50 years before they were destroyed by government policy. ... Read full article

The Federal Reserve chairman has the correct diagnosis, but limited tools to solve the problem. Meanwhile, inflation hawks are trying to cure the nation from a disease it doesn't have. ... Read full article

Fincen must be independent enough to be an honest broker in its rulemaking and enforcement network roles, while remaining responsive to the policy objectives of Treasury and statutory mandates from Congress. ... Read full article

The banking system should not be used to hide the cost of Congress's social programs. ... Read full article

Adequate communication, data retention, requests for approval and, ultimately, cooperation can minimize a company's risk of being investigated by the CFPB or state attorney general's office. ... Read full article