To place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency.
Sponsored By: Representative Luetkemeyer, Blaine [R-MO-3]
Unknown
Summary
This bill specifies that a federal banking agency may not establish an operational-risk capital requirement for banking organizations unless the requirement: (1) is based on, and is appropriately sensitive to, current risks; (2) is determined under a forward-looking assessment of potential losses; and (3) allows certain adjustments.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Luetkemeyer, Blaine [R-MO-3]
MO • R
Cosponsors
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 11/8/2017
Rep. Sessions, Pete [R-TX-17]
TX • R
Sponsored 2/15/2018
Roll Call Votes
No roll call votes available for this bill.
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