ST. LOUIS — NCUA senior staff today provided some insight into the direction the new corporate regulation will take.
NCUA General Counsel Bob Fenner outlined five key problems the new regulation will address. First, the agency is considering Basel-type capital requirements for corporates with two tiers of risk-weighted capital and a leverage ratio.
Concentration limits will also play a role. Specifically NCUA is considering the lesser of 25% of assets or five times capital.
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