The complexity and cost associated with implementing Basel II in the United
States may effectively limit its application to those banking organizations
that are able to take advantage of economies of scale and absorb the costs
associated with the proposed enhanced risk management practices that would be
required of Basel II banking organizations. Therefore, the Federal banking
agencies have published a notice of proposed rulemaking (NPRM) for a U.S.
implementation of the standardized approach of the Basel II Capital Accord. The
NPRM proposes a more risk-sensitive capital regime relative to the existing
Basel I-based capital rules contained in 12 CFR 3 Appendix A (general
risk-based capital rules). The proposal would increase the number of
risk-weight categories used in the calculation of capital requirements and
include more differentiation in exposure categories. The NPRM also proposes a
risk-based capital requirement for operational risk and includes disclosure
requirements. The proposed capital regime would provide an alternative approach
for national banks that are not required to calculate risk-based capital
according to the advanced approaches risk-based capital rules (12 CFR 3
Appendix C). The proposal would permit eligible banks to choose to remain under
the general risk-based capital rules or opt into the standardized approach
capital framework as described in this NPRM.
Date
|
Item
|
07/31/2008
|
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision have issued final guidance outlining the supervisory review process for banking organizations implementing the new advanced capital adequacy framework known as Basel II.
OCC Bulletin 2008-20, Guidance
|
07/29/2008
|
This bulletin briefly summarizes an interagency Notice of Proposed Rulemaking (NPR) for a U.S. implementation of the standardized approach of the Basel II Capital Accord.
OCC 2008-19, Proposed Rulemaking,
Comments
|
07/15/2008
|
The federal banking and thrift agencies issued final guidance outlining the
supervisory review process for banking organizations implementing the new
advanced capital adequacy framework known as Basel II. News Release 2008-81,
Guidance
|
07/10/2008
|
Regulatory
Impact Analysis for Risk-Based Capital Guidelines; Capital Adequacy Guidelines;
Capital Maintenance: Standardized Risk-Based Capital Rules (Basel II:
Standardized Option), Office of the Comptroller of the Currency, International
and Economic Affairs (2008)
|
07/8/2008
|
The federal banking and thrift agencies issued an interagency statement
outlining the qualification process for banking organizations implementing the
new advanced capital adequacy framework known as Basel II.
News Release 2008-77, Statement
|
07/3/2008
|
The Office of the Comptroller of the Currency has approved for publication a
notice of proposed rulemaking that would implement the standardized approach of
the Basel II Capital Accord.
Release 2008-75.
|
06/27/2008
|
The Basel Committee on Banking Supervision issued for public comment enhanced
global Principles for Sound Liquidity Risk Management and Supervision.
Release 2008-72
|
03/03/2008
|
Comptroller Dugan tells
International Bankers that the Basel II U.S. Implementation is on a prudent,
deliberate path. News Release 2008-26
|
12/07/2007
|
Implementation of the
Advanced Approaches of the Basel II Capital Accord.
OCC Bulletin 2007-47, Final Rule
|
12/06/2007
|
Regulatory
Impact Analysis for Risk-Based Capital Standards: Revised Capital Adequacy
Guidelines (Basel II: Advanced Approach) 2007
|
12/26/2006
|
The Federal bank and
thrift regulatory agencies announced that they will request public comment on a
notice of proposed rulemaking (NPR) that would revise the existing risk-based
capital rules for non-Basel II banking organizations (Basel IA). Additionally,
the agencies have extended the due dates for comments on the Basel II NPR and
related reporting templates. The comment
periods for Basel IA and Basel II end on March 26, 2007.
|
12/12/2006
|
Regulatory
Impact Analysis for Risk-Based Capital Guidelines
; Capital Adequacy
Guidelines; Capital Maintenance: Domestic Capital Modifications (Basel IA),
International and Economic Affairs (2006).
|
09/26/2006
|
Comptroller Dugan Tells
Senate Panel that Basel II Capital Framework Will Substantially Improve Large
Bank Risk Management and Controls
NR 2006-104, Testimony,
Statement
|
09/14/2006
|
Comptroller of the
Currency John C. Dugan told a House subcommittee today that the Basel II
capital framework is intended not only to align capital requirements more
closely to the complex risks inherent in large, internationally active banks,
but to require those institutions to substantially improve their risk
management systems and controls.
NR 2006-96, Testimony
|
09/11/2006
|
Regulatory
Impact Analysis For Risk-Based Capital Standards: Revised Capital Adequacy
Guidelines (Basel II), International and Economic Affairs (2006).
|
09/05/2006
|
The federal bank and
thrift regulatory agencies announced that they will request public comment on a
notice of proposed rulemaking (NPR) that would implement new risk-based capital
requirements in the United States for large, internationally active banking
organizations.
NR 2006-94,
Comments
|
09/05/2006
|
The federal bank and
thrift regulatory agencies announced that they will request public comment on a
notice of proposed rulemaking (NPR) that would implement new risk-based capital
requirements in the United States for large, internationally active banking
organizations. NR
2006-94, Statement,
Market Risk,
NPR, Advanced Capital Adequacy
Framework
|
06/08/2006
|
NR
2006-69, Comptroller of the Currency John C. Dugan discussed the Basel II
capital accord in a speech to the Centre for the Study of Financial Innovation
Remarks
by John C. Dugan
|
10/06/2005
|
NR
2005-101, Comptroller Dugan Initiates Process to Improve Risk-Based Capital
Rules
Comptroller
Dugan's Statement to FDIC
|
09/30/2005
|
NR
2005-99, Banking Agencies Announce Revised Plan for Implementation of Basel II
Framework
|
4/29/2005
|
NR
2005-43, Banking Agencies To Perform Additional Analysis Before Issuing Notice
of Proposed Rulemaking Related To Basel II.
|
03/14/2005
|
Acting
Comptroller of the Currency Julie L. Williams addressed Implementation of Basel
Capital Accord at the annual Washington conference of the Institute of
International Bankers Speech
|
06/26/2004
|
Banking
Agencies Announce Publication of Revised Capital Framework and Describe U.S.
Implementation Efforts - NR 2004-52
Basel
Announcement
International
Convergence of Capital Measurement and Capital Standards: A Revised
Framework
|
05/11/2004
|
Consensus
achieved on Basel II proposals
|
01/15/2004
|
The
Basel Committee on Banking Supervision issued a press release reporting on
continued progress toward the New Accord (also known as Basel II) Continued progress toward Basel II (BIS Press
Releases 15 Jan 2004)
|
12/15/2003
|
NR
2003-99: Comptroller Hawke Restates U.S. Commitment to Basel Capital Process
But Warns that Many Complex and Difficult Issues Must Still be Resolved
Comptroller
Hawke's Speech Before the American Academy in Berlin
|
10/30/2003
|
NR
2003-87: Proposed Treatment of Expected and Unexpected Losses Under the New
Basel Capital Accord
Interagency
Statement
|
10/29/2003
|
OCC
2003- 44: Proposed Revisions to Risk-Based Capital Regulations Implementing the
New Basel Capital Accord
Interagency
Statement
Advance
Notice of Proposed Rulemaking: 68fr45900
|
08/04/2003
|
NR
2003-61: Agencies Announce Publication of Documents Related to Basel Accord
Implementation
OCC
2003-32
Advance
Notice of Proposed Rulemaking
Draft
Supervisory Guidance
|
07/17/2003
|
Basel
Committee Releases Final Versions of Two Electronic Banking Publications
Basel
Committee Report on Management and Supervision of Cross-Border Electronic
Banking Activities - Finalized
Basel
Committee Report Outlines Risk Management Principles for Electronic Banking -
Finalized
|
07/11/2003
|
NR
2003-53: Bank and Thrift Agencies to Seek Comment On Proposals for U.S.
Implementation of Basel II
Statement
of Comptroller Hawke
Advance
Notice of Proposed Rulemaking
Corporate IRB Guidance
Operational Risk Guidance
|
04/30/2003
|
NR
2003-34: Banking Agencies Announce Publication of Basel Accord Consultative
Paper
The
New Basel Capital Accord: Third Consultative Paper
|
03/03/2003
|
NR
2003-15: Comptroller Hawke Highlights Importance of New Basel Capital Accord
But Says Important Issues Must be Resolved Before OCC Will Issue Rules
Comptroller Hawke's Remarks
Before the Institute of International Bankers, Washington,
D.C.
|