Key steps along this path include completion of the transition to full implementation of Basel III, including new liquidity requirements; enhanced prudential standards for systemically important firms, including risk - based capital requirements, a leverage ratio, and tighter prudential buffers for firms heavily reliant on short - term wholesale funding; expansion of the regulatory umbrella to incorporate all systemically important firms; the institution of an
effective, cross-border resolution regime for systemically important financial institutions; and consideration of
regulations, such as
minimum margin requirements for securities financing transactions, to limit leverage in sectors beyond the banking sector and SIFIs.
Thus, the Departments concluded in the November 2015 final rule, and still maintain, that the existing GOT
regulation provides a statutorily supportable, and also a more practical, and cost -
effective approach for group health plans and health insurance issuers to determine the required
minimum payment amounts.