Richard Tuosto co-authored the article.
Summary
The B3E US NPR proposes updates to the regulatory capital rules that would bring dramatic changes to the current US risk-based capital framework. With a proposed compliance date of July 1, 2025, US banks will have approximately two years to interpret the new rule, address new data and technology needs, and adjust business models. In a climate of increased regulatory scrutiny, firms will need to establish disciplined programs to drive successful implementation of the rule. B3E presents an opportunity for banks to modernize their capital infrastructure through technology, agility and efficiency.
