fed speech, 2023-07-10
We have a set of risk-based requirements that are based on the risk of a bank's activities to its safety and soundness and to the financial system, and a set of non-risk-sensitive backstops, which are simple measures the market and regulators can use to understand and protect against the possibility that the risk-sensitive measures get the risk wrong and result in capital requirements that are too low.
Sentiment: neutral
Topic: financial_stability