The Council of Federal Home Loan Banks submitted a comment letter to federal financial regulators (OCC, FDIC and the Fed) in response to the agencies’ re-proposal of the Basel III Endgame capital framework.
The letter conveys the FHLBank System’s support for the overall objective of simplifying and improving the bank capital framework, but raises several technical points regarding the re-proposal that would unintentionally disadvantage the FHLBank System and could make it more expensive or more difficult for the FHLBanks to raise funds and serve their liquidity mission. Four suggested revisions to the Basel III Endgame re-proposal are included in the letter. To view the letter, click here: FHLBanks Letter to Financial Regulators on Basel III Endgame Re-proposal
