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Washington
Inside Washington (03/05/2012)
  • WASHINGTON (3/6/12)--The Federal Reserve Board Friday issued guidance to ensure that supervisors apply consistent standards as they evaluate whether banks with $10 billion or less in assets are eligible for upgrades of supervisory ratings. The guidance is being issued to ensure that upgrades made addressed any supervisory concerns that had prompted lower ratings. To be eligible for an upgrade, banks must demonstrate improvement in financial condition and risk management in areas such as capital levels, core earnings asset quality, liquidity and interest-rate positions. Banks also must demonstrate their risk-management capabilities have improved to address weaknesses that contributed to prior ratings, and policies and they have implemented policies and practices that focus on sustainability commensurate with the bank's risk profile …
  • WASHINGTON (3/6/12)--The Federal Reserve Board Friday extended until April 30 the comment period on a proposed rule that would include new capital and liquidity requirements for banks with more than $50 billion in assets, as required by the Dodd Frank Act. The proposal also includes single counterparty credit limits, stress testing, risk management and early remediation requirements. "In recognition of the complexities of the issues addressed and the variety of considerations involved with implementation of the proposal, the Board requested that commenters respond to numerous questions," the Fed said in a press release. Comments previously were due March 31 …


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