Volcker rule
Fed fines Deutsche Bank $186.4 million for AML violations
German lender failed to comply with earlier orders and was involved in Danske Bank scandal
US regulators propose third Volcker rule revision
Banks could soon regain permission to invest in speculative funds, but one official dissents
Paul Volcker, 1927–2019
Fed chair made his name battling inflation, and left his mark on independence and post-crisis financial regulations
US regulators loosen Volcker Rule for small banks
Regulators resist political pressure to reduce regulation on larger banks’ investments
Moore quits Fed nomination process
Growing pressure from Republican senators slashed his odds of being confirmed
Volcker rule helped curb equity market risk – researchers
Banks had large trading exposures to equity market risk before the rule was introduced, they find
Book notes: Keeping at it, by Paul Volcker with Christine Harper
Volcker delivers fascinating history-laden memoir, writes Jean-Claude Trichet
Fed and other US regulators call for major changes to Volcker rule
Complex legislation has created compliance uncertainty, Federal Reserve argues
Quarles reveals plan to simplify Volcker rule
Volcker rule is too complex and “is not working well”, says Fed vice-chair
Quarles signals plans for US regulatory revamp
Fed vice-chair outlines some initial plans for a readjustment to post-crisis regulations
People: Quarles confirmed for Fed role; Nigerian deputy nominated
Randal Quarles get Fed job, Aishah Ahmad nominated in Nigeria
Banks not ‘boring’ before Glass-Steagall repeal, New York Fed economist says
There is little evidence of an explosion in non-traditional activity after Glass-Steagall was dropped
US regulators hand Volcker rule exemption to foreign firms
Agencies are conducting a review of how the Volcker rule is applied to foreign investment funds
Randal Quarles nominated to Fed’s top supervision role
Donald Trump’s pick for vice-chair of supervision viewed as a moderate figure, but critical of Dodd-Frank Act
FDIC’s Hoenig on restoring the structural integrity of banks
Core banking activities should be ring-fenced with 10% equity, and rest left to market forces
Let the market regulate banks – FDIC’s Hoenig
Proposal to take an axe to risk-based capital, stress testing and parts of the Volcker rule
Fed fines Deutsche Bank on Volcker rule breach
Bank hit with fines for “unsound” practices in forex markets and violation of Volcker rule
Volcker fights back as prop-trading ban comes under attack
Former Fed chair tells Risk.net that calls for total overhaul of eponymous rule are misplaced
Tarullo admits Volcker rule may be ‘too complicated’
Outgoing Fed governor warns against diluting capital regime despite complexity
Fed’s Powell supports relief for community banks facing compliance burdens
Governor Jerome Powell supports raising asset threshold for Volcker rule
FSB warns of spillovers from new bank structures
Some jurisdictions fear unintended consequences of reforms