RMA acts as a liaison between the financial services industry and bank regulatory agencies. As a not-for-profit, professional association, RMA does not lobby on behalf of the industry. However, RMA meets often with industry regulators to discuss issues of mutual concerns such as the impact of a slowing economy on bank portfolios.
Read about all the latest Regulatory Updates. For RMA Members Only. Click here to get started.
The Current Financial Crisis
RMA will continue to monitor the regulatory response to the current financial crisis and bring you updates as they become available.
2009 Financial Crisis Archive
2008 Financial Crisis Archive
RMA Recorded Audioconference: The Current Financial Crisis
Click here to listen to Eugene A. Ludwig, Founder and CEO of Promontory Financial Group, LLC, and former Comptroller of the Currency discuss the current financial crisis.
RMA In the News:
RMA President and CEO Kevin M. Blakely testifies before the U.S. Senate Banking Subcommittee—June 19, 2008 (PDF)
RMA and the Institute for International Finance (IIF) respond to Standard & Poor's Consultation on their Alternative Risk-Adjusted Capital Framework (PDF)
RMA and IIF submitted a joint response to Standard & Poor's proposal for an alternative Risk-Adjusted Capital Framework. In the response letter, the Associations argue that the development of an additional risk-adjusted capital framework—beyond what is already available through the internal economic capital process and the Basel II Framework—will not be helpful to the financial community. The letter asserts that the proposed approach is not risk based, will provide misleading, conflicting signals, and will foster confusion in the marketplace.
Getting You the Information You Need:
Regulatory Roundup
This section contains updates on regulatory activity such as proposed and final rules, bulletins, and guidance.
Response to the U.S. Notice of Proposed Rulemaking (PDF)
CRE Guidance Response: Concentrations in Commercial Real Estate Lending, Sound Risk Management Practices (PDF)
Basel II
RMA continues to work with the Basel Committee to reform the 1988 Capital Accord by providing industry input as to how the proposals impact bank capital and overall operations.
Toward Greater Financial Stability: A Private Sector Perspective
The Report of the Counterparty Risk Management Policy Group II
Ed DeMarco is director of RMA's Regulatory Relations and he coordinates the efforts of RMA's Capital Working Group. He can be reached via e-mail at edemarco@rmahq.org or directly at 1-215-446-4052.