Agencies seek comment on new proposed supervisory guidance for Basel II

US agencies issue more guidance on Basel II

More proposed guidance concerning Basel II has been issued by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Office of Thrift Supervision.

The agencies are seeking public comment on three proposed supervisory guidance documents related to the September 2006 notice of proposed rulemaking (NPR) on proposed US Basel II capital framework.

The NPR includes requirements that banking organisations would need to satisfy to

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