Print Page   |   Contact Us   |   Sign In   |   Register
News & Press: Resources

Fed's Quarles: UK capital buffer could work in US

Monday, September 16, 2019   (0 Comments)
Posted by: Amanda Averch
Share |

Federal Reserve Vice Chairman for Supervision Randal Quarles and former Vice Chairman Donald Kohn have praised the UK's use of a countercyclical capital buffer set at 1% of a bank's risk-weighted assets to protect against downturns. "I see real merit in application of the UK approach in the United States, although the specific percentage would, of course, be open to analysis," Quarles says.

 Read more.

Association Management Software Powered by YourMembership  ::  Legal