Fed's Tarullo reviews Dodd-Frank implementation progress
Federal Reserve governor Daniel Tarullo was yesterday called to testify before the US congressional committee on banking, housing and urban affairs, on the Federal Reserve's activities in mitigating systemic risk and implementing the Dodd-Frank Act.
His testimony covered implementation of Basel III capital rules, finalised this week; stress testing and capital planning requirements for large banking firms; enhanced prudential requirements for large banking firms; and improving resolvability of
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