On October 20, 2023, the US federal banking regulators announced that they were extending the period for public comment to January 16, 2024 for both the (i) Basel Endgame proposal to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations (the “Capital Proposal”) and (ii) proposal to change the
2023 Mortgage & Housing Summit
Webinar: September 18, 2023
1:00-3:00 p.m. ET
Join Mayer Brown and the Mortgage Bankers Association for brief discussions and updates on market developments, the M&A environment, the effect of the Basel III Endgame Proposals on the mortgage market, insurance sector interest in mortgage assets, FHLB reform, and more.
Register here.
Guest Speakers
- Michael Fratantoni
White Paper: The Final Stretch: Securitization in the US Under the Proposed Basel III Endgame Rules
On July 27, 2023, the US banking regulators issued a proposal to significantly revise the risk-based capital requirements applicable to large banks and to banks with significant trading activity. The proposal, which is colloquially referred to as “Basel III Endgame” or “Basel IV,” includes important changes to the calculation of credit risk weights for securitization
Global Financial Markets Podcast Series: How Capital Markets May Be Affected by the US Basel Endgame Proposal
In late July 2023, US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations, and change how the capital surcharge is calculated for global, systemically important banking organizations. These proposals are critical, as the amount of capital a bank must maintain with respect to
A Road Not Taken: Where the US Capital Proposal Differs From Basel
On July 27, 2023, US federal banking regulators issued proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations (the “Capital Proposal”) and change the method for calculating the capital surcharge for global systemically important banking organizations (“G-SIBs”). These proposals are of critical importance because the amount of
Overhaul of Regulatory Capital Requirements Proposed by US Banking Regulators
On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations (the “Capital Proposal”) and (ii) change the method for calculating the capital surcharge for globally systemically important banking organizations (“G-SIBs”) (the “G-SIB Surcharge Proposal”). These proposals are of
Across the (Company) Board
Mayer Brown’s newest resource, Across the Board™, provides private and public companies and their boards with the latest updates, alerts, and resources in one convenient place.
Lawyers in our Public Companies & Corporate Governance practice advise companies on transactional, regulatory, governance, and litigation matters.
Read new spotlight article by Larry Cunningham, CEO Comments on
PCAOB Secures Complete Access to Inspect and Investigate Chinese Audit Firms, but SEC Signals Must Remain Vigilant
Yesterday, the US Public Company Accounting Oversight Board (“PCAOB”) announced it had secured complete access to inspect and investigate issuer engagements of audit firms headquartered in China and Hong Kong, marking the first time in history that Chinese authorities allowed complete access for inspections and investigations meeting US standards.
Under the Sarbanes-Oxley Act, the PCAOB
SEC Publishes FY22-26 Strategic Plan
On November 23, 2022, the SEC released its strategic plan for fiscal years 2022 to 2026. The plan focuses on three goals: protect the investing public against fraud, manipulation, and misconduct; develop and implement a robust regulatory framework that keeps pace with evolving markets, business models and technologies; and support a skilled workforce that is
SEC Open Meeting Announced
The Securities and Exchange Commission announced an open meeting to be held on November 2, 2022 to discuss several matters, some proxy related.
The SEC will consider whether to adopt new rules and form amendments intended to increase transparency in proxy vote reporting for registered investment companies. On September 29, 2021, the SEC had announced