Basel II regulators issue key QIS 3 survey

Global banking regulators said they launched their key survey today seeking information on how the Basel II bank capital accord aimed at making the world’s banking system safer would affect banks.

The Basel Committee on Banking Supervision, the architect of the complex Basel II accord, said the survey, known as the third Basel II quantitative impact study, or QIS 3, is focused on the proposed minimum capital requirements under so-called pillar one of Basel II’s three-pillar structure. The other two pillars cover supervision by regulators and market discipline through greater disclosure. The committee also issued an overview of progress with the much-delayed, risk-based Basel II accord

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