OPEN APP
Home >Industry >Banking >US Fed proposes new regulatory regime for foreign banks
 (Bloomberg)
(Bloomberg)

US Fed proposes new regulatory regime for foreign banks

  • The proposed changes would relax the capital and stress testing requirements for the subsidiaries of foreign banks
  • The changes would impose stricter liquidity rules on lenders that rely extensively on riskier activities like short-term funding

Washington: The US Federal Reserve on Monday proposed a new regulatory regime for foreign banks operating in the US that aims to more closely tailor the rules in line with firms' risk profiles.

The proposed changes, which are subject to industry comment, would relax the capital and stress testing requirements for the subsidiaries of foreign banks, but impose stricter liquidity rules on lenders that rely extensively on riskier activities like short-term funding.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
×
Edit Profile
My Reads Redeem a Gift Card Logout