Community Banks Likely Winners In Capital Rule Delay

Law360, New York (November 9, 2012, 8:24 PM EST) -- U.S. bank regulators on Friday indefinitely delayed the start date for Basel III capital requirements, a move experts say likely indicates rule rewrites are in the works that could give community banks some relief from provisions they argue should apply only to systemically significant banks.

Following a barrage of comment letters from banks, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency said they did not expect proposed rules to implement internationally negotiated capital standards would take effect...
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