Advance Notice of Proposed Rulemaking Regarding Risk-Based Capital Guidelines; Implementation of New Basel Capital Accord
- Topics:
- Commercial Lending
- Tags:
- Agency,
- ANPR,
- Banking,
- FDIC,
- Financial Services,
- Risk-based Capital
- Source:
- Federal Deposit Insurance Corp.
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Overview: The Board is being asked to approve for publication in the Federal Register the attached interagency ANPR seeking comment on pertinent aspects of the proposed New Capital Accord being developed by the Basel Committee on Banking Supervision (Basel Committee). The ANPR explains how the U.S. banking and thrift agencies (Agencies) would adopt the advanced internal ratings-based approaches to assessing credit risk capital charges and the advanced measurement approaches to assessing operational risk capital charges. These approaches would be used by a core group of large and internationally active U.S. banking institutions and selected other banks that, on an opt-in basis, are able to qualify for the framework. FDIC staff believes that before a final determination can be reached about the desirability of adopting the proposals described in the ANPR, more analysis is needed of the potential competitive effects of the New Capital Accord, its impact on risk-based capital requirements and its effects on the supervisory process. Staff nevertheless believes the publication of the ANPR is desirable. Publication will elicit substantial comments that will assist the Agencies in formulating their final views on these proposals.
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Format: PDF | Size: 298KB | Date: Jul 2003 | Pages: 53
