General World News

‘Common sense has prevailed’ as Basel Endgame proposal will be revised

Michael Barr, the Federal Reserve‘s vice chair for supervision, on Tuesday spoke at the Brookings Institution in Washington, D.C., about the 2023 Basel III Endgame proposal, which would modify risk-based capital requirements for large banks.

Following an extensive review process that included stakeholder comments in the intervening time — including what Barr called “productive meetings with board colleagues and our fellow federal bank regulatory agencies“ at the Federal Deposit Insurance Corp. (FDIC) and the Office of details ⇒

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