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Email On July 27, 2023, the U.S. federal prudential bank regulators (the Federal Deposit Insurance Corporation, the Federal Reserve Board (“FRB”) and the Office of the Comptroller of the Currency) proposed new capital requirements for large banking organizations. The FRB also proposed to make certain adjustments to the G-SIB surcharge. https://www.cadwalader.com/resources/clients-friends-memos/capital-idea-risk-based-capital-capital-relief-trades-and-the-proposed-basel-iii-endgame-capital-rules