22 Hrs
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الاقتصادية
US banks urge Fed to relax reserve rules
The major American banks intend to submit official proposals and amendments to the Federal Reserve aimed at reducing capital requirements. These include lowering costs associated with trading activities and eliminating the capital reservation requirement for unused credit lines. These adjustments come as part of a comprehensive review of capital rules, with the proposed modifications estimating a reduction of approximately 4.8% in the required capital for large banks. However, some experts have criticized the move, warning that lowering these requirements could expose the financial sector to risks and negatively impact the economy. The reforms are targeted to address gaps over the coming months, with efforts to minimize the impact of strict regulations on financial growth.
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