The Federal Limit is expected this week to vote on standards that would transform the way big banks are regulated, according to a Dow Jones report.
Under the plan, banks would be split up into categories based on risk factors including size, ecumenical activity, off-balance sheet exposures and levels of short-term funding.
In putting together, the rules would change the asset thresholds for certain levels of endanger scrutiny for “advanced approaches capital rules.” The levels would increase to $700 billion assets from $250 billion and $75 billion in cross-border bustle from $10 billion, according to the report, which cites commencements familiar with the Fed’s thinking.
The moves are expected to be voted on Wednesday and possess c visit as Congress looks to loosing the reins on banking regulation following the post-financial turning-point reforms.
Fed officials did not immediately respond to a request for comment.