The Office of the Comptroller of the Currency (OCC) plans to expand recovery planning requirements for big U.S. banks. The proposal would expand the guidelines to apply to insured national banks, Federal savings associations, and Federal branches with average total consolidated assets of $100 billion or more, down from the current $250 billion threshold. At MBK Search, we expect that this will spur hiring in key risk management and compliance functions. Check the link in the comments for our key takeaways.
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FSB proposals to enhance liquidity preparedness for margin and collateral calls. Weaknesses in liquidity risk management and governance by some market participants, were found to be the key causes behind inadequate liquidity preparedness for margin and collateral calls, according to the FSB https://lnkd.in/eJ37i6mB #SecuritiesLending #banking
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FSB proposals to enhance liquidity preparedness for margin and collateral calls. Weaknesses in liquidity risk management and governance by some market participants, were found to be the key causes behind inadequate liquidity preparedness for margin and collateral calls, according to the FSB https://lnkd.in/ej7UrKzK #SecuritiesLending #banking
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Embedded finance news: Regulations, risk management and new partnerships – Read The Takeaway, our monthly roundup of news, to catch up on the latest from the banking and embedded finance industry. Here’s a sneak peek: 1️⃣ Wall Street CEOs say bank over-regulation will negatively impact the economy 2️⃣ Treasury Prime partners with Effectiv to offer fraud detection and risk management solutions 3️⃣ Bank of America's analysis reveals a slowdown in buy-now-pay-later (BNPL) growth compared to last year Click the link below to learn more about current regulatory changes being made and how this impacts the future of banking: https://lnkd.in/gQ2EAFky #embeddedfinane #banking #BNPL
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FSB proposals to enhance liquidity preparedness for margin and collateral calls. Weaknesses in liquidity risk management and governance by some market participants, were found to be the key causes behind inadequate liquidity preparedness for margin and collateral calls, according to the FSB https://lnkd.in/eDT2zgzp #SecuritiesLending #banking
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The Office of the Comptroller of the Currency's (OCC) Committee on Bank Supervision (CBS) just released the agency’s supervision priorities and objectives for FY2024 (10/23-09/24). The top 3 areas of focus are: (i) Asset and liability management - stress testing, limit management, model assumptions and backtesting, and contingency planning (ii) Credit - stress testing including effective challenge for adverse economic scenarios, concentration risk management particularly for higher risk portfolios such as CRE, and loss mitigation practices (iii) Allowance for credit losses - effectiveness of ACL methodologies in light of present and future economic conditions and sound model risk management. Worth noting the reference to model risk management and effective challenge in these top 3 areas. #ALM #stresstesting #CECL #modelrisk #usbanks
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Ignore IRR/Liquidity at your own risk. We should all expect updates guidance on IRR coming soon!
#ALM leads the list in guidance from Office of the Comptroller of the Currency for their supervisory strategies in FY 2024. Is your ALM strategy ready for the next fiscal year? Reach out to discover how Empyrean Solutions can help. https://lnkd.in/gdUb7wpa
OCC Releases Bank Supervision Operating Plan for Fiscal Year 2024
occ.gov
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Balance Sheet Concentrations - Inevitable or Avoidable? What is the importance of appropriately identifying and managing funding concentrations? In the latest issue of Community Banking Connections, Lead Examiner Andrew Giltner from the Federal Reserve Bank of Chicago discusses some of the most prevalent balance sheet concentrations held by community banks, highlighting key concentration risks and discussing the current guidance and supervisory expectations for prudent concentration risk management practices. Read the article here: https://bit.ly/4cSxIQS #CapitalPlanning #CRE #CommercialRealEstate #RiskManagement #CommercialProperty #CommunityBank #Banking #AssetManagement
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Commercial Real Estate And Bank Conduct Risk: The Next Domino? https://lnkd.in/gmA4igMR #CommercialRealEstate #BankingRisk #FinanceAnalysis #RiskManagement #FinancialMarkets #RealEstateTrends
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MSc econometrics and financial technology | Data enthusiast | Finance| ex-intern @south Indian Bank| Securities Aficionado
The Liquidity Coverage Ratio (LCR) ensures banks hold enough high-quality liquid assets to cover 30-day cash needs. Basel III strengthens banks with higher capital requirements, a leverage ratio, and liquidity standards (LCR and NSFR). These measures enhance risk management and promote financial stability.
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Banks are declining to use their own models for calculating trading book capital requirements under new rules. https://hubs.li/Q02C18Fn0 Non-subscribers can get a snapshot of Risk’s coverage. Registration is free and allows you to read two articles a month: https://hubs.li/Q02C18kR0
Model teams fear budget cuts as FRTB wipeout looms - Risk.net
risk.net
Read our full list of takeaways here: https://mbksearch.com/proposed-occ-rules-for-100b-banks-will-spur-internal-audit-hiring/