Reg-lite for small banks, higher capital for big banks: Minn. Fed TBTF plan.

FEDERAL Reserve Bank of Minneapolis 006221048

The article reports on the plan proposed by the U.S. Federal Reserve Bank of Minneapolis in Minnesota that calls for higher capital requirement for banks with more than 250 billion dollars in assets and a simpler regulatory compliance for small financial institutions. It informs about the proposed certification process for the largest banks, the capital requirement for shadow banks, as well as the regulatory rollbacks for community banks.