监管松绑：简化合规负担 特朗普总统任内的金融监管机构承诺简化政府日趋庞杂的规则体系——银行业界认为，自金融危机以来 层层加码的监管已过于繁复。他们抱怨合规负担推高成本、抑制放贷，却未必能提升金融体系安全性。 鲍曼已承诺全面改革美联储风险监管模式，提升监管透明度。 美联储发言人拒绝置评。 根据一份美联储内部备忘录显示，此次复审旨在帮助审查人员"聚焦威胁银行安全稳健的实质性财务风 险，提升监管有效性"。备忘录未要求审查人员直接撤销整改令，而是先复核"明确无争议的案例"，再 对"临界情形"的警告进行二次评估。 智通财经APP获悉，随着美联储副主席米歇尔・鲍曼持续放宽央行对美国金融机构的监管，美联储已向 各银行释放信号，计划撤销此前为督促其改善运营而发出的部分非公开整改指令。 据知情人士透露，本月早些时候，美联储监管人员已告知全美多家银行，将着手对现有"未达标事项整 改令"进行复审。这类整改令属于非公开的缺陷纠正指令。知情人士称，若某项整改令与美联储最新指 导方针不符——即要求检查员更关注银行财务健康的即时风险，而非执著于流程与程序——该指令将被 撤销。各银行高管将有机会参与制定剩余整改令的解决方案。 美联储监管层通 ...

Core Viewpoint - The Federal Reserve has proposed a significant reform that could alter capital rules for U.S. banks, aiming to reduce capital requirements for low-risk assets, particularly U.S. Treasury securities, which reflects a potential shift in regulatory philosophy [1][3]. Group 1: Impact on Banking Sector - The proposed changes could release approximately $213 billion in capital for large U.S. banks, as capital requirements for deposit-taking subsidiaries are expected to decrease by an average of 27% [3]. - Global bank holding companies may see a reduction in capital burden by 1.4%, allowing for more capital to be allocated [3]. Group 2: Market Reactions - The proposal is anticipated to encourage banks to engage more actively in the Treasury market, potentially enhancing liquidity in this critical global financial market [3]. - Following the announcement, bank stocks experienced an uptick, and expectations for improved liquidity in the Treasury market increased [3]. Group 3: Internal Disagreements and Concerns - There are notable internal disagreements within the Federal Reserve, with some members expressing concerns that loosening regulations could undermine banks' risk resilience [3]. - The debate highlights a fundamental division within the Federal Reserve regarding the approach to financial regulation: whether to maintain a conservative stance post-crisis or adopt a more flexible, market-oriented approach [3]. Group 4: Broader Economic Implications - The dollar index fell to its lowest level since March 2022 following the proposal, indicating market reassessment of policy risks [4]. - While the regulatory easing may stimulate short-term economic growth, there are lingering questions about its long-term impact on financial stability [4].