若愚-RWA
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The Federal Reserve has indeed canceled its "Innovation Regulatory Support Program" (Supervision and Regulation Innovation Pilot Program, SIFI Pilot)
Here are the key points and potential impacts regarding this event:
1️⃣ **Background and Purpose of the Program**
* **Start Date:** Launched in 2019.
* **Objective:** Designed to provide a "sandbox" environment for banking institutions (especially smaller banks that do not meet the global systemically important bank threshold) to collaborate with Federal Reserve regulators to test innovative financial products, services, or processes.
* **Operational Method:** Banks can submit innovative proposals to participate, receiving feedback and guidance from the Federal Reserve, aimed at reducing the regulatory uncertainty faced by innovations while allowing regulators to understand emerging technologies.
1️⃣ **Background and Purpose of the Program**
* **Start Date:** Launched in 2019.
* **Objective:** Designed to provide a "sandbox" environment for banking institutions (especially smaller banks that do not meet the global systemically important bank threshold) to collaborate with Federal Reserve regulators to test innovative financial products, services, or processes.
* **Operational Method:** Banks can submit innovative proposals to participate, receiving feedback and guidance from the Federal Reserve, aimed at reducing the regulatory uncertainty faced by innovations while allowing regulators to understand emerging technologies.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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