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US Federal Reserve unveils proposal to ease regulations for larger banks

Updated : October 31, 2018 09:46 PM IST

The proposal establishes four tiers of regulation for banks with over $100 billion in assets, as the central bank seeks to tailor rules for larger firms. The proposal would reserve the strictest rules for US globally systemic banks, and step down requirements for smaller and less complex firms.
According to the proposal, banks with between $250 billion and $700 billion in assets could enjoy a reduced "liquidity coverage ratio," which requires banks to hold high-quality assets that could easily be turned into cash.
US Federal Reserve unveils proposal to ease regulations for larger banks
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