An important capital policy initiative that has yet to be completed pertains to additional capital requirements for systemically important financial institutions (SIFIs). Section 165 of the Dodd-Frank Act directs the Federal Reserve to impose enhanced prudential standards, including capital requirements, on bank holding companies with consolidated assets of $ billion or more.
2  BIS Review 24/2009  While our economic fundamentals here in the Philippines remain sound, there is great urgency in addressing the possible fall-out from the global economic and financial turmoil. In the US, President Obama’s government promptly put together the first tranche of their economic stimulus package amounting to $ billion.