Capital adequacy and FATCA: Difference between pages

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1. ''Bank regulation - capital requirements.''
The US Foreign Account Tax Compliance Act.


Capital adequacy is the system of regulating banks (and other financial institutions) by requiring them to maintain minimum acceptable levels - and types - of capital, adequate to absorb their potential credit losses and other trading losses.
FATCA is designed to combat tax avoidance and tax evasion by United States taxpayers, through their holdings of bank accounts and other financial assets outside of the US.




2. ''BIS - capital requirements.''
FATCA imposes reporting, compliance and withholding tax obligations on non-US financial institutions and groups.


The term 'capital adequacy' also refers to the prevailing minimum amount of risk weighted capital that banks are required to maintain in proportion to the risk assets that they assume, normally used in connection with the requirements laid down internationally by the Bank for International Settlements (BIS) and monitored by domestic central banks.
Historically, the BIS capital adequacy standard was 8%.
Under the Basel III framework this standard is increased (strengthened) substantially - very roughly doubled - and its measurement is refined.




== See also ==
== See also ==
* [[Bank for International Settlements]]
* [[Withholding tax]]
* [[Basel II]]
* [[Grandfather]]
* [[Basel 2.5]]
* [[Dodd-Frank]]
* [[Basel III]]
* [[EMIR]]
* [[Capital Adequacy Directive]]
* [[MiFID]]
* [[Capital Requirements Directive]]
* [[Know-your-customer]]
* [[Common equity]]
* [[Countercyclical buffer]]
* [[Economic capital]]
* [[IRB]]
* [[IRRBB]]
* [[GCLAC]]
* [[ICAAP]]
* [[Microprudential]]
* [[Pillar 1]]
* [[Pillar 2]]
* [[Pillar 3]]
* [[Primary Loss Absorbing Capital]]
* [[Regulatory capital]]
* [[Reserve requirements]]
* [[RWAs]]
* [[Settlement risk]]
* [[Slotting]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]

Revision as of 15:38, 10 April 2015

The US Foreign Account Tax Compliance Act.

FATCA is designed to combat tax avoidance and tax evasion by United States taxpayers, through their holdings of bank accounts and other financial assets outside of the US.


FATCA imposes reporting, compliance and withholding tax obligations on non-US financial institutions and groups.


See also

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