Simpson Thacher Attorneys Author Law360 Article on Federal Reserve’s Forthcoming Changes to Bank Capital Requirements
07.19.23
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Partners Lee Meyerson, Amanda Allexon and Spencer Sloan authored an article titled, “Proposals By Fed's Barr Could Mean Big Changes For Banks,” which was published by Law360. The article discussed Federal Reserve Vice Chair for Supervision Michael Barr’s recent speech, which outlined proposed changes to the regulatory capital requirements for banks and bank holding companies that, if adopted, would have a significant impact on the industry. The article goes on to further explore the key differences that will likely have the most impact, including the enhancement of risk-based capital requirements through the implementation of so-called Basel III endgame standards and the introduction of a long-term debt requirement for large regional banks.
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