Fed supervision changes: winners and losers

Fed supervision changes: winners and losers

November 21, 2018, International Financial Law Review

Randy Benjenk is quoted in International Financial Law Review regarding the Federal Reserve’s recent proposals to the financial system. He says, “By narrowing the application of the advanced approaches to just the biggest banks, it could give the agencies a little bit more freedom to do things like implement Basel IV standards, because there are fewer banks to which the standards might apply and the remaining banks are going to be more sophisticated. If the advanced approach is applied too widely, it becomes more challenging to apply too many requirements to advanced approaches banks because you have small regional banks that are caught in the cross fire."