We note that, in its consideration of the financial modernization legislation, the Congress considered the appropriateness of capital standards at the holding company level and did not limit the Board's authority to develop appropriate
capital requirements for bank holding and financial holding companies.
Pakistani banks have been accused of manipulating their account books to meet minimum
capital requirements set by the State Bank of Pakistan (SBP).
The four federal banking agencies on February 17, 2000, released proposed revisions to their risk-based
capital requirements for certain obligations related to securitized transactions.
PA) has indicated that the G20 meet would lead to more
capital requirements for banks.
The next group of firewalls I will discuss imposes
capital requirements on a bank holding company and its section 20 subsidiary.
We believe that rather than specifying detailed
capital requirements for a select group of assets by statute, it would be preferable for the Congress to revise this legislation to support the agencies' efforts to develop appropriate capital standards for securitizing all types of loans.
Along with other banking supervisors in the United States and abroad, the Federal Reserve has worked to incorporate such risks into regulatory minimum
capital requirements.
It may well be necessary to retrace our steps and begin purposefully to move to
capital requirements that would, over time, be more consistent with what the market would require if the safety net were more modest.
The aggregate S2 solvency
capital requirements (SCR) coverage ratio was 220% at end-2016.
