Capital Regulation

The paper by Martin F. Hellwig discusses the reform of capital regulation of banks in the wake of the financial crisis of 2007/2009. Whereas the Basel Committee on Banking Supervision seems to go for marginal changes here and there, the paper calls for a thorough overhaul, moving away from risk calibration and raising capital requirements very substantially.

A slide presentation by Anat R. Admati, Federal Reserve Bank of Chicago 48th Annual Conference on Bank Structure and Competition on May 10, 2012.

Testimony for hearing of the Subcommittee on Financial Institution and Consumer Credit and Subcommittee on Insurance, Housing, and Community Opportunity on November 29, 2012 by Anat R. Admati.

A letter to the Board of Governors of the Federal Reserve System written by Sheila C. Bair, Simon Johnson, Anat R. Admati, and Richard J. Herring in March 30, 2012.