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Fed to advance stress capital buffer in 'near future,' Quarles says

( July 9, 2019, 19:16 GMT | Official Statement) -- MLex Summary: Randal Quarles, the US Federal Reserve’s vice chairman of supervision, said the central bank plans to “move forward” with a stress capital buffer proposal “in the near future.” This new plan, which would simplify the large bank capital rule by integrating the stress testing process with traditional regulatory capital rules, will reflect many comments received on the original proposal, he said.See document below....

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