Fed Governor Barr calls for decoupling bank capital requirements from stress tests and tailoring them to meet specific requireme
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最新报道：According to Bijie.com and ME News, on September 26 (UTC+8), Federal Reserve Governor William Barr stated that setting bank capital levels should be decoupled from stress test results and more closely tailored to a bank's individual circumstances. He is seeking ways to maintain the rigor of the tests despite industry calls for relaxation. Barr opposes increasing the transparency of stress tests prematurely and tying them to formulaic capital requirements. He stated that such an outcome could make capital levels "less targeted than they are currently and less reflective of a particular firm's unique business model, risk exposure, and risk profile." Barr believes that regulators should not weaken the process, but rather maintain the rigor of the tests and, in special cases, use their authority to impose customized capital requirements based on factors such as a bank's capital structure, risk exposure, complexity, and financial activities. Stress tests were introduced after the 2008 financial crisis to strengthen banks' resilience to future economic shocks and assess how they would perform in a hypothetical recession. Barr has been a leading supporter of these tests.
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