GOP Sen. Seeks Analysis On New Bank Capital Standards

Law360, New York (April 16, 2013, 3:46 PM EDT) -- Sen. Richard Shelby, R-Ala., on Tuesday introduced legislation that would require federal banking regulators to release a quantitative analysis of the effect increased capital requirements would have on large and small banks before forcing them to comply with the new standards.

Shelby said that the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have so far failed to provide a detailed analysis of what implementing the Basel III international banking accords and their increased capital requirements would mean...
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