See Credit Details Below
Overview
The U.S. federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger U.S. banking organizations. The revisions are lengthy and would change the requirements for credit, market, operational, and derivatives counterparty risks. Some of the revisions are long-expected (e.g., re-evaluation of use of internal models for credit and other risks), but others are novel (e.g., standardized capital charge for operational risk) or driven in response to the recent banking crisis. Participants will learn how these changes may affect their bank and investor clients, as well as foreign banks that have a large U.S. presence or do business with U.S. banks.
Topics that faculty will cover include:
- Background to Regulatory Capital [8 minutes]
- Scope of Application [6 minutes]
- Regulatory Capital Calculation [5 minutes]
- Enhanced Risk-Based Approach for Credit Risk [13 minutes]
- Leverage Ratio Framework [3 minutes]
- Market Risk Capital Requirements [5 minutes]
- Operational Risk Capital Requirements [7 minutes]
- CVA Risk Capital Requirements [3 minutes]
- Other Proposed Changes [4 minutes]
- Transition Period [3 minutes]
- Next Steps [3 minutes]
Program Level: Update
Prerequisites: None
Advanced Preparation: None
Faculty:
Matthew Bisanz
Mayer Brown LLP
Young Kim
Clifford Chance