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ARTICLE · 04 JANUARY 2012

Financial Services Alert – January 3, 2012

Goodwin Procter LLP
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The Basel Committee on Banking Supervision (the "BCBS") issued a proposal (the "Proposal") implementing the disclosure requirements under Basel III that would require banks to disclose the composition of their capital and their capital ratios.

United StatesFinance and Banking
Robert Kurucza
Robert Kurucza

Developments of Note

  • Basel Committee Proposes Capital Disclosure Requirements
  • FSOC Issues Report on Federal Banking Agencies' Implementation of Prompt Corrective Action
  • SEC and FINRA Issue Joint Guidance on Broker-Dealer Branch Inspections
  • FinCEN Assesses Civil Money Penalty Against Bank Employee Who Unlawfully Disclosed Filing of SAR to Subject to the SAR

Other Items of Note

  • Federal Agencies Extend Comment Period on Volcker Rule Proposal
  • SEC Further Extends Comment Period for Proposal Regarding Conflicts of Interest for Certain Securitizations
  • Basel Committee Issues Principles for the Supervision of Financial Conglomerates
  • Basel Committee Clarifies Rules Regarding the Deduction of Derivatives Losses

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