July 18 (Reuters) – U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with the latest draft including requirements for large lenders’ residential mortgages that go beyond international standards, Bloomberg News reported on Monday.
The changes would be part of the U.S. version of a global accord known as Basel III that followed the financial crisis, according to the report.
The plans are poised to be unveiled on July 27 by the U.S. Federal Reserve, the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), Bloomberg reported, citing people familiar with the matter.
The Fed and the OCC declined to comment. The FDIC did not immediately respond to Reuters’ request for comment.
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