What are Volcker metrics?
What Is the Volcker Rule? The Volcker Rule is a federal regulation that generally prohibits banks from conducting certain investment activities with their own accounts and limits their dealings with hedge funds and private equity funds, also called covered funds.
What are exclusions under the Volcker rule?
The Volcker Rule excludes “loan securitizations” from the definition of “covered fund” so long as the loan securitizations are comprised of loans or other qualifying assets (e.g., cash equivalents, servicing assets, certain rate or foreign exchange derivatives, interests in a tax subsidiary or similar entity formed by …
What is Volcker reporting?
The so-called Volcker Rule is a federal regulation that prohibits banks from conducting certain investment activities with their own accounts, and limits their ownership of and relationship with hedge funds and private equity funds.
How does the Volcker Rule work?
Overview. The so-called Volcker Rule is a federal regulation that prohibits banks from conducting certain investment activities with their own accounts, and limits their ownership of and relationship with hedge funds and private equity funds.
What is Volcker Rule technical specifications guidance page 17?
Volcker Rule Technical Specifications Guidance Page 17of 104 A. Risk-Management Measurements Part 1. Internal Limits and Usage A banking entity is required to report the Internal Limits and Usage quantitative measurement for all trading desks engaged in covered trading activities.18
What is the metrics reporting requirement for the SEC?
Metrics Reporting Requirement Each banking entity directly supervised by the SEC that meets relevant thresholds specified in 17 CFR 255.20(d) must furnish quantitative measurements, as applicable, for each of its trading desks engaged in covered trading activity.1The quantitative measurements must comply with the Appendix.
What are the metrics recordkeeping requirements for banks?
The metrics recordkeeping requirement applies for each quarter when the average over the previous four quarters is above the threshold for significant trading assets and liabilities. A banking entity that crosses above the threshold must begin recording the metrics as of the first day of the new quarter.