07/10/2015

Governor Brainard Discusses Systemic Risk, TBTF and Basel III

In a speech on Thursday at the “Dodd-Frank at Five: Looking Back and Looking Forward” event in Washington, D.C., Federal Reserve Governor Lael Brainard discussed a variety of topics including systemic risk, too-big-to-fail, Basel III and the proposed capital surcharge.

“For the systemic banking institutions, it will be important to assess incorporating the risk-based capital surcharge in some form into the CCAR (Comprehensive Capital Analysis and Review) post-stress minimum in order to ensure these institutions remain sufficiently resilient to reduce the expected losses to the system through periods of financial and economic stress,” Brainard said. Read Brainard's Full Speech.