Summary: | The federal bank and thrift regulatory agencies have jointly issued the attached final rule concerning the domestic application of selected elements of the Basel II capital framework. The final rule requires some banks, and permits other banks, to use an internal ratings-based approach to calculate regulatory capital requirements for credit risk and an advanced measurement approach to calculate regulatory capital requirements for operational risk. The final rule will take effect on April 1, 2008. |
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To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html . Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, Room E 1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).
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Additional Related Topics:
- Basel II
- Risk-Based Capital Rules
- 12 CFR Part 325