Fed will delay stress capital buffers, Quarles says
Vice-chair says Fed is looking to modify stress-testing methods
The Federal Reserve will delay its planned introduction of the “stress capital buffer” or SCB until at least 2020 after feedback from stakeholders, vice-chairman Randal Quarles said today (November 9).
“When we made our SCB proposal last April, we had aimed to make the SCB final for the 2019 stress-test cycle,” Quarles told an audience in Washington, DC. But the Fed’s vice-chair for supervision said it had received “extensive and thoughtful” comments on the proposal had “raised issues that
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